Word: antitrusters
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Just when you thought it was safe to back into the market, someone caused quite a panic on Wall Street Monday by leaking the Justice Department's proposed remedy in the Microsoft antitrust trial to the press this weekend. The reported remedy introduces a new wrinkle to the whole matter: that Microsoft be strictly controlled during the appeals process. This follows talk that any remedy handed down by the court after the years it will take to sort our the appeals would be made moot by advances in technology. According to reports in three major newspapers Monday morning, the Justice...
...from ninth to second in customer satisfaction surveys, is suing United, which has slumped from third to tenth in the same polls. At issue: those baggage-sizing templates that determine whether a carry-on bag is small enough to fit in the aircraft's overhead bins. In a federal antitrust suit filed on Monday, Continental alleges that United Airlines and the management company of Washington's Dulles International Airport have conspired to place templates reflecting United's carry-on limits at the airport's shared X-ray checkpoints, thus preventing Continental passengers from taking on board the larger carry...
JOEL KLEIN Antitrust czar wins another round against Microsoft. Just keep yer paws...
Steve Ballmer, who inherited Gates' job during the antitrust trial, discussed last week's ruling with TIME's Chris Taylor...
ADAM COHEN has been tracking the troubles that Microsoft has been having with antitrust lawyers. It's a perfect assignment for Cohen, a lawyer by training and technophile by inclination. Says he: "It's ironic to envision all these lawyers using Microsoft's technology to prepare the case that might break up the company." So which is the better beat, Adam, tech or law? It's a tough call, but he just voted with his mouse: he'll soon be joining TIME's technology-coverage team...