graphic  
graphic
News > Technology
graphic
One state appeals Microsoft deal
Massachusetts, apparently going it alone, said DOJ settlement does not go far enough.
November 29, 2002: 3:25 PM EST

NEW YORK (CNN/Money) - Massachusetts said Friday it is appealing a federal judge's antitrust settlement with Microsoft Corp. as seven states dropped out of the lawsuit against the software maker.

Massachusetts Attorney General Tom Reilly, speaking in a conference call with reporters, said the state filed the appeal early Friday afternoon despite getting no legal help from other states.

Massachusetts, one of nine states that refused to sign Microsoft Corp.'s antitrust settlement with the Justice Department that was approved by a federal judge last month, may be the only one to appeal. West Virginia has yet to announce its decision on the matter. But California, Connecticut, Iowa, Florida, Kansas, Minnesota, Utah and the District of Columbia said Friday they won't appeal.

"There was nothing in the deal with Justice that would change Microsoft's business practices in any way," Reilly said, adding the ruling by U.S. District Judge Colleen Kollar-Kotelly does not go far enough to protect consumers and help competition.

Shares of Microsoft (MSFT: Research, Estimates) were little changed in after-hours trading late Friday after falling 40 cents to $57.68 in the regular session. The software maker could not immediately be reached for comment.

Kollar-Kotelly accepted nearly all the provisions of the government's settlement with Microsoft.

In doing so, she rebuffed arguments by nine states and the District of Columbia that tougher sanctions were essential to restore competition in the computer industry. She concluded that some penalties proposed by those states would chiefly benefit the company's rivals.

"For most of our states, it is time to dedicate our resources to enforcement of the decree and the law," Iowa Attorney General Tom Miller said Friday.

But Reilly criticized the settlement's effectiveness.

"There was nothing in the deal with justice that would change Microsoft business practices in any substantial way," said Reilly. "A vital part of our economy, high technology, is dominated by one company."  Top of page


-- From staff and wire reports




  More on TECHNOLOGY
Pinterest quietly profits off its users' links
HP: Same issues, different year
Look who's switching to iPhones and iPads
  TODAY'S TOP STORIES
KEY AUSTERITY VOTE PASSES
Stocks: Investors keep wary eye on Greece
President's tax plans aim at rich




graphic graphic

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.