Word: microsoft
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Dates: during 2000-2009
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...burdened with technicalities was Microsoft's Friday proposal to settle the government's case against it that a hoped-for weekend settlement was rendered all but impossible. Still, government lawyers, sifting through the complicated details, found several concessions that might allow CEO Steve Ballmer and Joel Klein, the government's chief antitrust officer, to meet and possibly put the matter to rest this week--before U.S. District Judge Thomas Penfield Jackson rules in a case that was tried last year. The key is the company's reported willingness to unbundle its Internet Explorer from Windows, the heart of the suit...
Hang on to your portfolios, folks. The breakdown Saturday of antitrust negotiations between federal officials and Microsoft turned Monday into a rough day for MSFT. The stock has been swinging wildly over the past few weeks, rising on rumors of a settlement, diving when talks appeared stalled. And now those talks are dead. What went wrong? It's hard to tell. Some accounts say that Microsoft balked at the DOJ's demand that it unbundle Internet Explorer from Windows, while other sources insist that Gates & Co. were perfectly willing to do so. And quite a few fingers (especially ones based...
...case, this leaves the decision back where it started: in the hands of Judge Thomas Penfield Jackson. On Monday, Judge Jackson announced that he would deliver his verdict at 5 p.m. the same day (after the close of the stock markets). Having already delivered his "finding of fact" - that Microsoft is indeed a monopoly - the judge is expected to find that Microsoft used that monopoly in violation of antitrust law. That will be followed by the the final phase of the landmark antitrust trial, expected to last several months, in which Jackson will determine a remedy that could range from...
Bill Gates' date with destiny has been postponed - for up to ten days. Although compromise talks between Microsoft and the government reportedly foundered in recent days, the federal mediator has asked the ruling judge for an extension so the two sides can continue to reach a deal. If talks break down again, the software company faces the strong possibility they will be found guilty of antitrust violations. And while U.S. District Judge Thomas Penfield Jackson, who will rule on the case if the two sides do not reach an agreement, has not set a firm deadline for a settlement...
...what is largely perceived to be a last-ditch effort to avoid Judge Jackson's looming decision - which many predict will be harsh - Microsoft proffered a deal last week that would have separated the company's Internet browser from its Windows operating system. The government rejected the offer, saying it did not go far enough in curbing Microsoft's monopoly control over the technology industry. Of course, says Professor Warren Grimes of Southwestern University Law School in Los Angeles, even if Judge Jackson does rule against Microsoft, that will hardly be the end of the story. "Jackson won't retry...