The act has since commanded severe criticism, with critics questioning both its scope and constitutionality. When we look back on that statement today, it appears to be one of the worst predictions in history. We look back at the last decade of the nineteenth century and it appears as if hardly anything now relevant had been invented. One thing that was invented, however, was antitrust law, created with the passage of the Sherman Antitrust Act in 1890. While antitrust has long impacted the Old Economy, the government's prosecution of Microsoft was the first case to target the New Economy, and it didn't help American consumers.
Antitrust laws are entirely political phenomena.
They were born out of politics and they should die through politics. The MP3 of Movies by Darren Thomas Until 1999, DivX was nothing more than a defunct DVD format. Most importantly, DivX makes it possible to download a DVD-quality movie over the Internet. This has caused the movie industry great trepidation and Motion Picture Association of America chief Jack Valenti's endless anti-Napster tirades. For Hollywood executives, the near future may be catastrophic .