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Business Wars

Browser Wars - Microsoft on the Hot Seat | 5

Business Wars

Audible

History, David Brown, Business, Management

4.613.5K Ratings

🗓️ 11 December 2018

⏱️ 29 minutes

🧾️ Download transcript

Summary

To compete with Netscape, Bill Gates is forced to do the one thing he hates most: give tech away for free. He bundles Internet Explorer with Windows, effectively making his browser ubiquitous--and Netscape’s redundant. Suddenly, Netscape, the company that launched the dot-com boom and shattered records with its IPO, finds itself on life support.

But the battle isn’t over. Attorney General Janet Reno has been watching Microsoft snuff out the competition, and she’s about to make life hell for Bill Gates.


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Transcript

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0:00.0

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0:04.8

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0:13.0

May 18, 1998, the Department of Justice, Washington, D.C.

0:18.5

Janet Reno walks calmly on stage.

0:21.3

The room is packed with reporters.

0:23.7

Reno's five years into her position as the nation's first female attorney general, and

0:28.5

projects a humorless, I mean business, air.

0:32.4

She's wearing large glasses that rest halfway down her cheeks, a cream-colored skirt suit

0:37.6

adorned with pearls, and has a short, boyish haircut.

0:41.8

She stands in front of a blue curtain backdrop at a brown podium, and speaks in a near monotone.

0:49.1

The Justice Department has charged Microsoft with engaging and anti-competitive and exclusionary

0:55.4

practices designed to maintain its monopoly in personal computer operating systems, and

1:01.8

attempting to extend that monopoly to internet browser software.

1:07.0

The Department alleges in its complaint that Microsoft has engaged in a series of anti-competitive

1:12.0

practices.

1:13.7

The government is going to war with where the nation's leading technology firms, and one

1:19.1

of its most cutting-edge businesses.

1:21.7

By the late 90s, Microsoft has gotten the Windows operating system onto 90% of the nation's

1:27.7

personal computers, a monopoly Reno plans to disband.

1:33.0

Microsoft's actions have stifled competition in the operating system in browser markets,

1:38.3

but most importantly, it has restricted the choices available for consumers in America

1:43.9

and around the world.

...

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