2000
TECH NEWS

Microsoft guilty of violating antitrust rules

from CBC.ca archives | Mon, 3 Apr 2000

WASHINGTON - A U.S. District Court judge did the expected on Monday, ruling that Microsoft violated U.S. antitrust rules by abusing its monopoly power in personal computer operating systems. Microsoft says it will appeal.

It was a big victory for the Justice Department and the 19 American states that began their lawsuit against the software giant two years ago. Judge Thomas Penfield Jackson found that Microsoft violated parts of the Sherman Act, a ruling that could lead to the breakup of the software giant.

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Bill Gates' paper losses on the day were $11.5 billion US as investors dumped Microsoft stock

Bill Gates' paper losses on the day were $11.5 billion US as investors dumped Microsoft stock