Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: CGarcia who wrote (33916)	11/9/1999 6:39:00 AM
From: DanielleC	Respond to of 41369

GREAT NEWS FOR AOL: Microsoft May Have to Pay Damages to Rivals and Consumers New York, Nov. 9 (Bloomberg) -- Microsoft Corp. may be forced to pay huge amounts in damages, if found guilty of using their monopoly in computer operating systems to hurt consumers and competitors, the Wall Street Journal reported, citing Sam Miller, a antitrust attorney involved in an earlier case against the software company. If Microsoft loses the case, America Online Inc., will be in a good position to take out a private suit against the firm on behalf of Netscape Communications Corp. shareholders, the software company acquired by AOL earlier this year, the WSJ reported, citing a person close to the company. Other firms and customers are also likely to seek monetary damages from the company, giving Microsoft an incentive to settle the case before the ruling next spring, the WSJ said. The development comes after U.S. District Judge Thomas Penfield Jackson, said Friday that Microsoft ''stifled innovation'' by using its dominance in the market to squash rivals. (WSJ 11/9) For the Web site of the Wall Street Journal, enter WSJ <Go> Nov/09/1999 2:57 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.