Word: antitrust
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DEPARTING. JOEL KLEIN, 53, tenacious Assistant Attorney General who for four years headed the Justice Department's antitrust division; in Washington. Klein led the monopoly case against Microsoft, resulting in an order to break up the company, now under appeal...
...vote Tuesday, the highest court thwacked the turn-of-the-millennium's biggest antitrust case back to the U.S. Court of Appeals for D.C., which will only be too happy to play its part: Pruning the case's issues down to a more svelte size and scope before making its decision. Tactically, the decision is a disappointment for the Justice Department and a score for Microsoft, which has gotten some good treatment at Appeals' hands in the past and thinks it has some good procedural beefs to take to it this time...
Microsoft's carefully crafted appeal of the federal antitrust case decided against the company earlier this year resembled nothing so much as a post-game press conference in the aftermath of a particularly hard-fought sports contest where the underdog has, miraculously, come...
...buddies were intrigued by Microsoft after the antitrust ruling, so he went online to snap up stock. The price jumped $20 a share. It was a classic case of right place, right time. Except that Jason Marchione is not your classic investor. His lucky tip came in the middle of fifth-grade computer class. "There's that famous quote," says Jason, 11. "Buy low. Sell high. Make mad dough...
...area execs long kept politics and government at arm's length, believing that all they needed to do was to make profits and create jobs and the lawmakers would leave them alone. But they have come to understand that they ignore Washington at their peril. The Justice Department's antitrust suit against Microsoft in 1998 scared all tech companies smart, and the firms closest to the seat of power are on their way to becoming the most active advocates of the new economy there...