35 Prior to rumors of the acquisition, Intuit’s stock traded at 40 3/4. John Eckhouse, Monster Microsoft Purchases Intuit getting $1.5 Billion, San Francisco Chronicle, Oct. 14, 1994, at A1, A19. 336 spicymatch quizzes Microsoft shares at the closing. Id. Based on Microsoft’s January 3, 1995 closing price of 60 3/16, each Intuit share receives over $80.
36 Get a hold of Brian Livingston, Undocumented Windows Calls, InfoWorld, Nov. 16, 199″2, at 98 (Ex. 19); Doug Barney and Ilan Greenberg, ISVs Dampen Microsoft Furor having OLE, InfoWorld, July 18, 1994, at 1.
38 Microsoft has made multiple presentations around the country one to particularly get this part and you will composed paperwork from these demonstrations has been offered to the fresh new Fairness Company.
39 For a more thorough discussion, see Miles B. Keyhoe, , HP Professional, Aug. 1994, at 40 (Ex. 17). Pick and Microsoft Corporation, Windowpanes NT and you can Consumer-Servers Measuring, May 1993.
42 “Installed base” in the economic literature “means the number of owners of a good who may be dependent on the manufacturer of the good for the provision of complementary goods.” Joseph Katten, Industry Power from the Exposure from a fixed Foot, 62 Antitrust L.J. 1, 4 (1993).
43 Joseph Farrell and Garth Saloner, Hung Ft and you may Compatibility: Advancement, Product Pre-Notices, and Predation, Amer. Econ. Rev., Dec. 1986, at 940; Janusz A. Ordover and Garth Saloner, Predation, Monopolization, and Antitrust, in Guide out of Industrial Providers 537, 565 (R. C. Schmalensee and R. Willis eds., 1989).
46 Find, age.grams., Paul A. David, Clio and Economics out-of QWERTY, Amer. Econ. Rev., May 1985, at 332; David A. Harvey, Changes becomes necessary – Today!, Byte, Oct. 1, 1991, at 119.
48 Joer. Econ. Rev., Dec. 1986, supra, at 942; Jean Tirole, The idea from Commercial Providers at 405, n.40 (1988)
Ergonomic Things Took a backseat to Show, Causing an ever-increasing Wave out of Computers-Related Injuries
51 For the theoretical literature see, for example, the recent Symposium toward Network Externalities in the Journal of Economic Perspectives, Spring 1994, the Symposium into Being compatible, edited by Richard Gilbert in the Journal of Industrial Economics, March 1992, and the survey by Paul David and Shane Greenstein in the Economics of Innovation and New Technology, 1990. For an application to telecommunications, see Stanley Besen and Garth Saloner, The fresh Business economics out-of Correspondence Conditions, inside the Changing the guidelines: Technical Transform, Global Battle, and you can Regulation within the-Communications 177 (1989); for applications to broadcasting, see Stanley Besen and Leland Johnson, Compatibility Conditions, Battle, and you can Development regarding the Sending out Business (1986); for applications to ATMs, see Garth Saloner and Andrea Shepard, forthcoming in the Rand Journal of Economics, and Steven Salop, Deregulating Worry about-Controlled Mutual Atm Companies, Econ. of Innov. and New Tech., 1990; and for computers, see Garth Saloner, Econ. Innov. New Tech., 1990, supra.
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52 This “network effect” has been described by numerous authors. In a recent Symposium in the Journal of Economic Perspectives, Michael Katz and Carl Shapiro write, “Consequently, as has long been recognized, the demand for a network good is a function of both its price, and the expected size of the network.” See also Jeffrey Rohlfs, An idea from Interdependent Demand for a get in touch with Services, Bell J. of Econ., Spring 1974, for an early reference, as well as Michael Katz and Carl Shapiro, Network Externalities, Battle, and you will Compatibility, Amer. Econ. Rev., er. Econ. Rev., Dec. 1986, supra: and other papers cited in Michael If, am and Carl Shapiro, Systems Race and you can Network Effects, J. of Econ. Perspectives, Spring 1994.
53 See Julio J. Rotemberg and Garth Saloner, Interfirm Competition and you may Collaboration, Strategic Options, 1991, for an example of the power of network size.
