Word: intuitions
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...abuse of a monopoly position. Both the government and Microsoft insist that one case had nothing to do with the other. But someone at Justice seemed to think they might be linked in the court of public opinion. The department assigned more lawyers to its investigation of the Intuit deal right after the Sporkin ruling. And instead of asking for an extension, as had been expected, the government actually filed suit to block the merger a few days early...
Microsoft last week pointedly declined to speculate on any "political connection," and vowed to defend the merger in court. "Our enthusiasm for bringing Intuit and Microsoft together is ... exactly as it was when we announced the plan,'' said Gates...
...been accused of unfairly using its dominant position in operating systems (some 8 out of 10 IBM-compatible PCs run on Microsoft's software) to help it enter new markets. In the other, Microsoft is trying to buy dominance in a market where it was losing money and where Intuit had a 70% share. In fact, the company was doing so poorly with its Microsoft Money program that when the merger was announced, Gates offered to give it to archrival Novell in a deal one pundit characterized as "Money for nothing." Part of the idea was to head off antitrust...
...government didn't buy it. "The so-called fix just won't work," Bingaman said last week. As evidence that Microsoft knew the merger would kill competition, her complaint cites the memo of a senior Microsoft official. "If we were to try to buy Intuit ... I can't imagine anyone would be stupid enough to [purchase Money]," the manager writes. "I think they would imagine that we'd never be allowed to do it." The betting now is that Microsoft won't. --Reported by Suneel Ratan/Washington
...Justice Department filed an antitrust lawsuit to block Microsoft's proposed $2 billion acquisition of Intuit, Inc., maker of the hugely popular personal-finance software Quicken. The merger, should it survive the suit, would be the largest ever in the software industry...