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Technology Stocks : How high will Microsoft fly?
MSFT 486.99-0.2%11:03 AM EST

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To: PJ Strifas who wrote (48908)9/1/2000 1:00:11 PM
From: Rusty Johnson  Read Replies (3) of 74651
 
A Harsh Court Ruling Could Open New Antitrust Front Against Microsoft

By JOHN R. WILKE
Staff Reporter of THE WALL STREET JOURNAL

WASHINGTON -- A federal judge found that Microsoft Corp. engaged in "wanton, reckless" and deceptive business practices against a Connecticut software maker, in a harsh ruling reminiscent of the court's finding against Microsoft in the government's antitrust suit.

U.S. District Judge Janet C. Hall in Bridgeport, Conn., ordered Microsoft to pay punitive damages of $1 million to Bristol Technology Inc., in the highest award ever imposed under the state's fair-trade statute. After a six-week civil trial last year, a federal jury found that Microsoft had violated Connecticut's unfair-trade practices act, but awarded Bristol damages of just $1.
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