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Technology Stocks : How high will Microsoft fly?
MSFT 471.78-0.5%11:25 AM EST
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To: Augustus Gloop who wrote (7446)5/18/1998 2:25:00 PM
From: Hal Rubel  Read Replies (2) of 74651
 
Microsoft Monopoly Abuse -Running to Substance?

RE: "Like its MSFT's Fault"

Sherman Anti-trust Considerations:
"Saying Microsoft had been engaging in illegal practices in violation of the Sherman Anti-trust Act and other anti-trust laws, associate Attorney General Joel Klein outlined the three main counts in the civil complaint the Justice Department was filing against the company.

First, the federal government alleges that Microsoft has illegally mandated that the startup sequence of Windows 95 and Windows 98 promote only Microsoft products.

Second, that Microsoft has illegally tied its browser software to its operating system to extend its monopoly to the Internet browser arena, and

third, that Microsoft has entered into illegal contracts with a majority of the major Internet service providers and key content providers to shut its competitors out.

Klein also said that Microsoft knew from the beginning that Netscape Communications presented a major competitive threat to the company and, in the words of an unnamed Microsoft executive, moved to "cut off Netscape's air supply" with Internet Explorer. At one point Microsoft even approached Netscape and asked them to split the browser market with the Redmond, Washington,-based giant and not to directly compete against each other's products. When Netscape refused, the company began a series of illegal maneuvers to shut out Netscape and other Internet competitors." Thesasource News

Any anti-trust significance if true?

HR
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