How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.03

+0.5%

Dec 5 9:30 AM EST

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To: Brian Sullivan who wrote (51160)	10/13/2000 4:24:37 PM
From: johnd	Read Replies (1) of 74651

Microsoft Antitrust Case in Connecticut Is Dismissed (Update1) By Joyzelle Davis Hartford, Connecticut, Oct. 13 (Bloomberg) -- Microsoft Corp. won dismissal of an eighth consumer class-action antitrust lawsuit accusing the world's largest software company of charging monopoly prices for its Windows operating system. The decision by a Connecticut state judge, Robert McWeeny, is the latest in which courts have ruled that consumers who didn't purchase Windows software directly from the company aren't entitled to press antitrust claims. Consumers in seven other states who claimed they were overcharged for the program that powers 95 percent of the world's personal computers have seen their cases dismissed. Microsoft has successfully pointed to a 1977 Supreme Court decision outlawing antitrust claims by indirect purchasers to persuade state judges in Oregon, Kentucky, Hawaii, Nevada, Iowa, Texas and Rhode Island to dismiss similar suits. Nearly 130 consumer cases were filed in the wake of a federal judge's finding in a government antitrust case that the software giant illegally defended its Windows monopoly for operating software. Redmond, Washington-based Microsoft faces a February appeals court hearing to review that judge's order to break up the company. Microsoft shares fell 69 cents to 53.69.

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