graphic
News
Microsoft vs. prosecution
October 15, 1999: 3:50 p.m. ET

Software firm lobbies allies in Congress against DOJ's antitrust unit
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - Microsoft Corp. has been involved in discussions with members of Congress regarding what the company views as the intrusive role the Justice Department's antitrust division plays in the technology industry.
     A company spokesman said Friday Microsoft (MSFT) is using the discussions to air the company's concerns over the way the Justice Department has handled its lengthy antitrust suit against the firm.
     "We have concerns about the way they've handled the case," said Rick Miller, a Microsoft spokesman. "Our competitors helped bring this case against us, and the Justice Department has been suggesting governments overseas bring their own lawsuits against us. Many members of Congress agree with us that this is inappropriate."
     The Washington Post reported Friday that Microsoft and its congressional allies are pushing the government to reduce next year's funding for the antitrust division of the Justice Department.
     The Clinton administration currently is trying to drum up $114.3 million to cover the salaries of 360 attorneys in the antitrust division and to hire 18 additional staff members.
     But company lobbyists and other Microsoft supporters reportedly have been pressing Senate and House members to cut that figure by $9 million, the Post said.
     Miller told CNNfn.com that Microsoft hasn't targeted a specific dollar figure for the antitrust division's funding, though he added the company is committed to seeing further oversight enacted.
     Microsoft shares fell 2-15/16 to 87-3/4 in afternoon trade. Back to top

  RELATED STORIES

CNNfn Special Report: Microsoft Trial

BT, Microsoft strengthen ties - Oct. 14, 1999

Microsoft to acquire Visio - Sept. 15, 1999

  RELATED SITES

Microsoft


Note: Pages will open in a new browser window
External sites are not endorsed by CNNmoney




graphic

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.