Word: jacksonism
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...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. The key is the company's reported willingness to unbundle its Internet Explorer from Windows, the heart of the suit. Microsoft also appears willing to loosen licensing agreements to let PC makers customize their products. With the company willing to agree...
Those fidgety day traders didn't bother waiting for Judge Thomas Penfield Jackson's second decision in the Microsoft antitrust trial. As the 5 p.m. announcement drew nearer on Monday, the desktop dealers dumped more and more of their investments in the tech-heavy NASDAQ, and by the time Jackson, who four months earlier had found that Microsoft wielded monopoly power, delivered a guilty verdict on two of three counts of abusing that power, they had produced a record 348-point, 7.6 percent plunge...
...count Microsoft, or the NASDAQ, or the high-tech industry, out just yet. While the government is now technically compelled to take action that will change Microsoft's business - many think Jackson will seek to break the firm into a bunch of "Baby Bills" when he produces his "remedy" in August - Bill Gates and his Redmond buddies are widely expected to appeal the decision, a process that could drag on for years. In the meantime, the whole nature of the computer-sofware-Internet business will have changed...
...case, this leaves the decision back where it started: in the hands of Judge Thomas Penfield Jackson. On Monday, Judge Jackson announced that he would deliver his verdict at 5 p.m. the same day (after the close of the stock markets). Having already delivered his "finding of fact" - that Microsoft is indeed a monopoly - the judge is expected to find that Microsoft used that monopoly in violation of antitrust law. That will be followed by the the final phase of the landmark antitrust trial, expected to last several months, in which Jackson will determine a remedy that could range from...
...what is largely perceived to be a last-ditch effort to avoid Judge Jackson's looming decision - which many predict will be harsh - Microsoft proffered a deal last week that would have separated the company's Internet browser from its Windows operating system. The government rejected the offer, saying it did not go far enough in curbing Microsoft's monopoly control over the technology industry. Of course, says Professor Warren Grimes of Southwestern University Law School in Los Angeles, even if Judge Jackson does rule against Microsoft, that will hardly be the end of the story. "Jackson won't retry...