Word: antitrust
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
Hang on to your portfolios, folks. The breakdown Saturday of antitrust negotiations between federal officials and Microsoft turned Monday into a rough day for MSFT. The stock has been swinging wildly over the past few weeks, rising on rumors of a settlement, diving when talks appeared stalled. And now those talks are dead. What went wrong? It's hard to tell. Some accounts say that Microsoft balked at the DOJ's demand that it unbundle Internet Explorer from Windows, while other sources insist that Gates & Co. were perfectly willing to do so. And quite a few fingers (especially ones based...
...clear the company is unwelcome at shooting matches. The company's legal counsel, which counts other gun makers among its clients, announced it would no longer represent Smith & Wesson. In response to this apparent stonewall - which the gun industry says is not coordinated - the government has moved quickly, launching antitrust investigations against industry leaders...
...between Microsoft and the government reportedly foundered in recent days, the federal mediator has asked the ruling judge for an extension so the two sides can continue to reach a deal. If talks break down again, the software company faces the strong possibility they will be found guilty of antitrust violations. And while U.S. District Judge Thomas Penfield Jackson, who will rule on the case if the two sides do not reach an agreement, has not set a firm deadline for a settlement, he is reportedly losing patience with the software giant...
...technicalities was Microsoft's Friday proposal to settle the government's case against it that a hoped-for weekend settlement was rendered all but impossible. Still, government lawyers, sifting through the complicated details, found several concessions that might allow CEO Steve Ballmer and Joel Klein, the government's chief antitrust officer, to meet and possibly put the matter to rest this week - before U.S. District Judge Thomas Penfield Jackson rules in a case that was tried last year...
Granted, hearing Gore and Bush talk about campaign finance is a bit like hearing Microsoft extol the virtues of antitrust law. Gore's campaign has been hounded by a Justice Department investigation for 1996 fundraising practices. Recently, Maria Hsia, a Democratic fund-raiser, was indicted for her role in the now-infamous Buddhist Temple incident. Meanwhile, Bush's campaign gained notoriety for the millions it raised from wealthy donors. Bush's recent campaign finance proposal would allow still candidates to fundraise from these very same donors, and Bush's large tax breaks for higher-income Americans would ensure that these...