In 1969, the United States government sued International Business Machines (IBM), which at the time was the world’s biggest corporation, for violating antitrust laws. Since both IBM and the Justice Department could afford an army of lawyers, the case dragged on through the seventies until it was dismissed in 1982 as “without merit.” The reason the case was dismissed was that, by the early 1980s, IBM was losing market share to (then) smaller computer companies like Apple and Microsoft—both of which literally started in garages.
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