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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (29319)	3/22/2000 4:13:00 PM
From: JDN	Respond to of 64865

Dear Charles: You missed by a teenie I bet!! Wonder what THIS was doing in my SUNW box? JDN A Microsoft Settlement Must Address US Concerns, Klein Says Washington, March 22 (Bloomberg) -- Microsoft Corp. must agree to rectify its anti-competitive conduct to settle the government's antitrust suit, the Justice Department's chief antitrust enforcer told Congress. A judge's findings of fact against the world's largest software maker ``reveal a serious pattern of anti-competitive conduct,' Joel Klein testified before a Senate subcommittee. ``I think a remedy ought to be commensurate with the problem.' In response to questions from committee members, Klein declined to say whether talks between the government and Microsoft were making progress. While ``settlement is always better than litigation,' Klein said any agreement would have to address the government's concerns about Microsoft's behavior. U.S. District Judge Thomas Penfield Jackson found in November that the company had a monopoly for personal computer operating software and repeatedly took steps to thwart challenges to its dominance. Jackson then recruited a federal appeals judge to try to mediate an out-of-court settlement between Microsoft, the Justice Department and 19 states that also sued. The talks are continuing in Chicago with the mediator, Judge Richard Posner. Jackson is expected to rule in the coming weeks on whether Microsoft illegally defended its Windows monopoly. Antitrust enforcers have said they would consider proposals to break up the software giant as a remedy, and the Justice Department has retained an investment banker to study various break-up scenarios.