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Technology Stocks : How high will Microsoft fly?
MSFT 496.920.0%Nov 7 9:30 AM EST
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To: taxman who wrote (34355)11/19/1999 4:35:00 PM
From: Jim Lamb  Read Replies (1) of 74651
 
Judge appoints mediator in Microsoft case
WASHINGTON, Nov 19 (Reuters) - The judge in the Microsoft antitrust case Friday referred it for ``voluntary mediation' to Judge Richard Posner, who heads the United States Court of Appeals in Chicago.

U.S. District Court Judge Thomas Penfield Jackson, who recently found that Microsoft Corp (NasdaqNM:MSFT - news) used monopoly power to harm consumers, competitors and customer companies, said that Posner had agreed to mediate the case ``acting in a private capacity.'

(Note: this article is ``in progress'; there will likely be an update soon.)


Judge appoints mediator in Microsoft case
WASHINGTON - The judge in the Microsoft antitrust trial appointed a mediator Friday to oversee 'voluntary' settlement talks between the government and the software giant. The surprise move dramatically increases chances for an out-of-court agreement. U.S. District Judge Thomas Penfield Jackson -- who earlier this month ruled that Microsoft abused its monopoly power -- appointed Richard Posner, the widely respected chief judge for the 7th U.S. Circuit Court of Appeals in Chicago. Jackson left it up to Posner to schedule any talks. Microsoft Chairman Bill Gates has sent mixed signals in recent weeks about the company's willingness to reach an agreement. He said in a series of interviews that the company would not yield on 'key principles' involving the design and installation of the Windows operating system, which powers 95% of the world's PCs.
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