Word: antitrust
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...fooled. This legal face-off between the music industry and Napster may turn out to be one of the great trials of the digital age. Earlier this year the Microsoft antitrust case spelled out the rules for how high-tech companies can and can't compete with one another. The Napster case may make an equally bold statement about what intellectual property rights will exist in the new economy. If the ruling goes the industry's way, as many expect, it could bring an end to the brief era in which all sorts of music were readily available for free...
...threatening phone call made on its lines, Napster argued that it shouldn't be responsible for piracy its users engaged in. But Judge Patel rejected that claim. Napster responded with a bold move of its own. It hired star litigator David Boies--fresh from his victory in the Microsoft antitrust case--to represent...
Just last month, when Sprint's proposed merger with WorldCom was blocked by antitrust regulators, Sommer sent a marriage proposal to Sprint, where he already has a 10% stake. No dice. The plan was immediately attacked by a group of U.S. Senators who vowed to thwart any effort by DT, which is 58% owned by the German government and not exactly renowned for being customer friendly, from taking control of Sprint. Their position has angered the European Union, which calls it a violation of a 1997 global-trade deal and is threatening to retaliate...
...Gates, that prospect blunts the criticism of those who say his generosity is meant to burnish his image amid the Justice Department's antitrust suit against his company. (Though the Bill and Melinda Gates Foundation was founded in 1997, a year before the suit was filed, he has accelerated his donating schedule in the 16 months of the trial.) "I have a high enough level of visibility that people will second-guess anything I do," Gates says, shrugging. He has come to see his life as something of a tripod: there are his wife and children, his company and "this...
...after paint companies. He has filed a lawsuit on behalf of Maryland children whose lead poisoning was caused in part, he says, by lead paint in their homes. The Rhode Island attorney general has filed a similar lawsuit on behalf of victims in that state. As the government's antitrust lawsuit against Microsoft heads into the remedy phase, more than 100 individual lawsuits have already been filed by trial lawyers on behalf of computer and software buyers...