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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator
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To: Harvey Allen who wrote (13563)10/23/1997 1:27:00 AM
From: Harvey Allen  Read Replies (1) of 24154
 
From the archives:

Federal Judge Approves Microsoft Antitrust Settlement

WASHINGTON -- A federal judge today approved an antitrust settlement Microsoft Corp. reached with the Justice
Department more than a year ago to change the way the giant software company sells its key product. The order by U.S.
District Judge Thomas Penfield Jackson ended an unusually long judicial review of an antitrust case. The first judge to look
over the agreement rejected it but was overturned on appeal. During a hearing that lasted just 17 minutes, Jackson asked
attorneys for the software company and the government whether there were any last minute changes. Microsoft asked that the
agreement, which extends for 6 1/2 years and covers the way it sells, or licenses, its main product to personal computer
makers, be made effective retroactive to Dec. 15, 1994. The government opposed that idea and Jackson sided with the
Justice Department, saying it would take effect as soon as he approved it. A few moments later, he declared, "The decree has
been entered." Assistant U.S. Attorney General Anne Bingaman declined to comment. William Neukom, chief counsel for
Microsoft, said the company was pleased by the judge's decision.
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