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Technology Stocks : Corel Corp.

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To: louie who wrote (7706)	11/7/1999 9:57:00 AM
From: Ellen	Read Replies (2) of 9798

search.washingtonpost.com [excerpts] Addressing for the first time the key factual issues in the government's long-running antitrust battle with the software giant, U.S. District Judge Thomas Penfield Jackson cast Microsoft as a voracious monopolist that has hindered innovation, harmed consumers and run roughshod over its rivals. "Microsoft has demonstrated that it will use its prodigious market power and immense profits to harm any firm that insists on pursuing initiatives that could intensify competition against one of Microsoft's core products," Jackson wrote in a 207-page ruling. "The ultimate result is that some innovations that would truly benefit consumers never occur for the sole reason that they do not coincide with icrosoft's self-interest." ... In one final jab at Microsoft, the electronic version of his ruling, provided to lawyers on both sides as well as journalists, was formatted not for Microsoft's industry-standard Word software program for word processing, but rival Corel Corp.'s struggling WordPerfect software.

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