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![]() Iowa Attorney General Tom Miller said in a news conference that Jackson's finding affirms the position of 19 states in the case: "One, that Microsoft indeed does have a monopoly, two, that Microsoft has abused that monopoly, and third, that consumers have been harmed by that." "This is a tremendous victory for American consumers," said Joel Klein, assistant attorney general for the antitrust division of the Justice Department. Ramifications could spread to all markets, however, because of its enormous influence as a longtime bellwether and a historic addition to the Dow Jones Industrial Average just last week.Įven though the case is still awaiting an official verdict, the Justice Department wasted no time in claiming victory. Microsoft's stock slid in after-hours trading into the high 80s afterĬlosing down 0.19 points at 91.45 during the day. The antitrust trial has been one of the most closely followed corporateĬases in recent history, raising complicated legal, political, and philosophical arguments on topics from capitalism to the Constitution.īecause of Microsoft's sheer size and technology's important role in driving the global economy, the impact of the case will be felt well beyond the company's headquarters outside Seattle. "In other words, Microsoft enjoys monopoly power in the relevant market." "Moreover, it could do so for a significant period of time without losingĪn unacceptable amount of business to competitors," he added. "Microsoft enjoys so much power in the market for Intel-compatible PC operating systems that if it wished to exercise this power solely in terms of price, it could charge a price for Windows substantially above that which could be charged in a competitive market," Jackson wrote. District Judge Thomas Penfield Jackson is leaning heavily in favor of the Justice Department (DOJ) and state prosecutors arguing against the software giant. ![]() WASHINGTON-A federal judge has determined that Microsoft holds a monopoly in computer operating systems, strongly criticizing the company in a decisive statement that could signal the outcome of the landmark antitrust case.Īlthough the lengthy statement-called a "finding of fact"-was not a verdict, the widely anticipated comments indicated that U.S. ![]() |
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