How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 474.82

-0.8%

3:59 PM EST

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To: Al Bearse who started this subject	4/15/2002 5:24:41 PM
From: Thunder	Read Replies (3) of 74651

WASHINGTON (Dow Jones)--The Justice Department said nine states critical of its proposed anititrust settlement with Microsoft Corp. (MSFT) have the legal authority to pursue tougher remedies on their own. The United States "does not believe that the arguments advanced in Microsoft's motion mandate dismissal of the non-settling states' claim as a matter of law," the Justice Department wrote in a friend-of-the-court brief filed Monday. Microsoft had sought dismissal of the case, now beginning its fifth week. In seeking a broader remedy than the Justice Department's November settlement, the states were usurping the federal government's role in setting national antitrust policy, the company argued. U.S. District Court Judge Colleen Kollar-Kotelly asked the Justice Department to file a brief stating its views of the case. She is reviewing the settlement and hearing the non-settling states' case on separate tracks. (MORE) DOW JONES NEWS 04-15-02 05:16 PM

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