I guess business is pretty slow and SUNW is taking a hint from RMBS on how to boost revenues?!! ;~))
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Sun Files Antitrust Lawsuit Against Microsoft
SANTA CLARA (Reuters) - Sun Microsystems Inc. (SUNW.O) on Friday said it filed a private antitrust suit against Microsoft Corp. (MSFT.O) in United States District Court in San Jose, California claiming that the software giant engaged in unfair business practices.
Sun said the complaint alleges that its business was damaged by Microsoft's anti-competitive conduct. The suit stems, in part, from Microsoft's decision to ship its Windows XP operating system without any support for Sun's Java software.
Sun also called for Microsoft to disclose and license the computing protocols and formats related to products such as Internet Explorer, which is used by consumers to access the Internet.
Microsoft was not immediately available for comment.
Sun, which makes large computers that manage corporate networks, has long had a bitter relationship with Microsoft and has sued the company in the past.
Sun General Counsel Michael Morris said that Sun requested that the court require Microsoft to begin immediately including its Java software on Windows XP.
Microsoft, found to have violated antitrust law in a landmark case brought by the federal government and state attorneys general, faces private antitrust suits from consumers and a suit filed in January by AOL Time Warner (AOL.N).
"We expected Sun to sue Microsoft just like AOL did, based on the findings of the District court that Microsoft was in fact a monopoly," said Brendan Barnicle, an analyst with Pacific Crest Securities.
On Nasdaq, shares of Sun jumped $1.33, or 15 percent, to $10.16, while Microsoft shares rose $1.38, or about 2 percent, to $64.10.
13:06 03-08-02
Copyright 2002 Reuters Limited. |
