On Lyndon Johnson’s last day as President, an anti-trust suit was brought against once mighty IBM. The suit was dismissed during the evil Reagan Administration in 1982. By most accounts, even if the Reagan Administration pursued the case against IBM, it would have been concluded in the mid-to late 1980s.
Think about that. The government and its Justice Department went through a process lasting 15-20 years to deal with anti-trust issues in the computer market – a market made famous by things like Moore’s Law. Put simply, our government would be writing rules and making remedies in 1985 to correct the vicious evils of market power a computer firm held in 1969.
