3 ms·
there's a history of monopolists supporting weaker firms in order to create the illusion of competition. This shouldn't fool anyone who is well versed in anti-t
by rashkov 6y ago
there's a history of monopolists supporting weaker firms in order to create the illusion of competition. This shouldn't fool anyone who is well versed in anti-trust history and enforcement.
- boogies 6y agoBill Gates had enough faith in its effectiveness to do it with Apple (basically handing them free money by buying non-voting shares with a certain arrangement).
- ryanwatkins 6y agoMicrosoft netted about $550 million from that $150 million investment in Apple.
- athms 6y agoThere was on-going litigation and cross license negotiations at the time Steve Jobs became CEO, after Apple's the purchase of NeXT. The $150 million investment in stock by Microsoft was part of the settlement.