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Author: TMFNews Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 156992  
Subject: Re: Findings: Microsoft has Monopoly Date: 11/5/1999 7:24 PM
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After hours trading in MSFT was seen at 88-1/2 tonight (down 3-1/16) around 7pm (half an hour after the ruling), and reportedly after-hours trading may stay open late to handle the MSFT-related transactions headed in.

While Microsoft has been declared a monopoly, it has not (yet anyway) been *declared* to have achieved monopoly status by violating antitrust laws. In other words, there's some protection for companies that simply achieve monopoly status by good competition.

If the judge buys the entire Justice Department line about Bill Gates' tactics, not good of course. But Judge Jackson has latitude to act here. However his comments thus far in the "findings of fact" have been described in the press tonight as "blistering". The actual "findings of fact" document can be viewed at http://usvms.gpo.gov/findfact.pdf.

Given a definition of "monopoly" (try http://aj.encyclopedia.com/articles/08680.html), did anyone doubt that Microsoft is a monopoly? A short bit of background on American antitrust laws can be found here: http://aj.encyclopedia.com/articles/00605.html.

More antitrust links:

Antitrust Cases in America (and relevant law)
http://www.stolaf.edu/people/becker/antitrust/antitrust.html

A Look Back at AT&T's Long Monopoly Battle
(not bad for some perspective)
http://www.technologylaw.com/telephony.html

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