Word: antitrusters
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...suing to block the software giant's acquisition of Intuit Inc., maker of the predominant personal finance software Quicken. It would have been the largest software merger ever and would also have given Microsoft a formidable lead in the emerging market of online personal finance transactions.Anne Bingaman, Justice's antitrust chief, said allowing the deal "would likely result in higher prices for consumers who want to buy personal finance software and would cause those buyers to miss out on the huge benefits from innovation." Newly-minted conventional wisdom, notesTIME technology editor Philip Elmer-DeWitt, who says Bingaman cracked down because...
...Hundt, declaring his "personal anguish" at the whole affair. But he backed his tears with bullets. That same day his Washington attorney, William Reyner Jr., also wrote to Hundt, at one point accusing NBC parent General Electric of having engaged "in a pattern of illegal activity, including criminal fraud, antitrust and anticompetitive conduct." He listed a series of examples, including GE's 1992 guilty plea on four counts of fraud associated with a sale of aircraft engines to Israel. These sins, Reyner continued, called into question "NBC's basic qualifications to continue as a licensee of broadcast stations...
...Professor Areeda's gift is absolutely inspiring," Clark said. "For over 30 years he's been an incredible, spectacular classroom teacher. He's given us the definitive treatise on antitrust law. And now he's made this great financial contribution...
Areeda is the nation's preeminent authority on antitrust law and has published the definitive work on the subject, according...
BILL GATES Angry judge reopens feds' antitrust deal with Microsoft...