SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John F. Dowd who wrote (67364)4/15/2002 6:35:57 PM
From: John F. Dowd  Read Replies (1) of 74651
 
To All Softees:WASHINGTON (Reuters) - The U.S. government on Monday declined to back Microsoft Corp.'s (NasdaqNM:MSFT - news) effort to throw out claims that nine states have made against it on grounds that a proposed antitrust settlement has already been reached with the federal government.
ADVERTISEMENT



Microsoft in February had asked the judge in the landmark antitrust case to dismiss the states' proposed antitrust sanctions, arguing that they lack standing without the federal government's support.

The legal maneuver sparked objections from many states, even some who had agreed to the settlement, as it trampled on their rights to pursue antitrust matters under federal law.

``The United States finds no definitive case law that would require granting the relief Microsoft seeks as a matter of law,'' the U.S. Justice Department said in a filing with U.S. District Judge Colleen Kollar-Kotelly.

At the same time, the department said the states do not have as much authority as the federal government. And it said the judge should be ``particularly cautious'' about their demands for antitrust sanctions.

The states' case ``is not an appropriate vehicle for pursuing the interest of private individuals or commercial entities,'' the department said in its brief.


JFD
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext