Browser Wars - Microsoft on the Hot Seat | 5
Business Wars
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Microsoft's Conclave of Critics
Consumer Advocate Ralph Nader hosts a two-day conference in D.C. Microsoft knows Nader can stir up trouble and takes the threat seriously. The bundling of Windows and Internet Explorer does exactly what Gates hoped it would. In the fourth quarter of 1997, Netscape loses $88 million and its shares drop by more than 20%.
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