[IMC-Editorial]
Letter: Stop Antitrust Persecution of Microsoft in Europe
The Ayn Rand Institute
media at aynrand.org
Fri Aug 8 09:51:01 PDT 2003
Dear Editor:
Not content with the battering of Microsoft by the U.S. government and many state
governments, the European Commission has now decided to stomp on Microsoft some more.
Why? Because Microsoft is not doing enough to help competitors who make audio and video
files or server software! This action comes just two years after the same commission
prevented an important merger between GE and Honeywell. Between the capitalist-hating
Europeans and the capitalist-bashing Americans, how are our most successful companies
supposed to function--that is, to grow and innovate?
President Bush should start by threatening the Europeans with retaliation unless they
immediately cease their persecution of Microsoft and of all other large American
companies that have done nothing more than be successful at what they do. He should then
seek to eliminate antitrust persecution in the United States. If we want our economy to
grow, if we want to get out of our recession, if we want to help stem our huge budget
deficit, we need all the economic growth we can get. And the most essential pre-
condition of economic growth is: freedom from government coercion.
Sincerely,
Edwin A. Locke
Ayn Rand Institute
2121 Alton Parkway, #250
Irvine, CA 92606
United States
(818) 706-9361
Please let me know if you decide to publish my letter. Thank you.
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