Microsoft?s enemies will live to regret supporting the Department of Justice?s antitrust attack, warned eminent economist Milton Friedman last week.
The Nobel prizewinner told a conference on technology and society, organised by the Cato Institute, that Silicon Valley companies which co-operated with the DoJ were showing ?suicidal? tendencies.
If the DoJ is successful in its case, it will not just lead to restrictions on Microsoft, but the IT industry as a whole, he warned.
Friedman, a famous advocate of free markets, said antitrust laws stifle, rather than promote, fair competition.
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