Word: jacksons
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Dates: during 1990-1999
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...District Judge Thomas Penfield Jackson delivered a blow to the Microsoft Corporation in the form of a 207-page finding of fact. Jackson concluded that since the early '90s, Microsoft has stifled innovation, reduced competition and hurt consumers. Although not a final verdict in the nearly year-long antitrust case filed by the U.S. government--that will be delivered within a few weeks unless the parties negotiate a settlement--the findings clearly side with the government by declaring Microsoft a monopoly in the operating systems market and rebuking all of Microsoft's claims to the contrary...
Microsoft has undeniably been an innovative force in the technology industry. However, the question posed by this trial was not whether Microsoft fostered innovation within its own company, but whether it deliberately pursued policies that stifled innovation by potential competitors. The answer to the latter question, according to Jackson...
...your own family holidays don't satisfy your need for dysfunction, you may be in luck. An as yet unidentified thief has stolen home videos of MICHAEL JACKSON and his two children taken last Christmas and New Year's and has been attempting to sell them to news outlets. Footage taken of the family at a Euro Disney hotel last July was also pilfered. The tapes, for which the thief is demanding a $100,000 ransom, were stolen recently from a hotel room in France. Jackson's lawyers have threatened "immediate action" against any publication tempted to publish the photos...
...ever was - one of the greatest concentrations of brainpower on the planet," says Quittner. "That's not going to change, and the company shouldn't be worth any less Monday than it was on Friday. Moreover, most investors had good reason to expect this ruling." Judge Thomas Penfield Jackson's finding of fact, which strongly suggested he would find the company in breach of antitrust legislation, will likely spur Bill Gates to cut a deal. "Microsoft has to settle really quickly," says Quittner, "because a company of this size and importance can't afford to pin all of its hopes...
...Joel Klein emphasized that the government was weighing up a wide range of remedies but was not seeking financial penalties. "A remedy that keeps Microsoft competitive and doesn't debilitate it will be a good thing for consumers," says Quittner. "More choice is always a good thing." And Judge Jackson's first dividend for consumers may be some bargain Microsoft stocks...