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During the mid19905, Microsoft entered the notorious browser wars as companies struggled to nd their place during the Internet boom. Realizing what a good product

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During the mid19905, Microsoft entered the notorious \"browser wars" as companies struggled to nd their place during the Internet boom. Realizing what a good product Netscape had in its 1995 Navigator browser, Microsoft launched its own, Internet Explorer later the same year. By 199?, Explorer had grabbed 18 percent of the market. Over the next ve years, Microsoft took three major steps to overtake Netscape. First, it bundled Internet Explorer with its Ofce product, which included Excel, Word, and PowerPoint. This meant that consumers who wanted MS Ofce automatically became Internet Explorer users as well. Second, Microsoft partnered with AOL, which opened the doors to 5 million new consumers almost overnight. Third, Microsoft used its deep pockets to ensure that Internet Explorer was available free, essentially "cutting off Netscape's air supply." By 2002, Netscape's market share had fallen to a meek 4 percent. Microsoft's ght to become the browser leader was not without controversy: some perceived that the company was monopolizing the industry. As a result, Microsoft faced antrust charges in 1998 and numerous lawsuits based on its marketing tactics. Charges aside, the company's stock took off, peaking in 1999 at $60 per share. Microsoft continued to release new products, including Windows 2000 in 2000 and Windows XP in 2001. It also launched Xbox in 2001, marking its entrance into the mulbilliondollar gaming industry

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