graphic
News > Economy
DOJ to press Microsoft suit
June 24, 1998: 8:21 p.m. ET

Klein confident government will prevail despite appeals court ruling
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - Assistant Attorney General Joel Klein remains confident that the government will prevail in its antitrust fight with software giant Microsoft Corp. despite an appellate court setback
     Microsoft scored a victory Tuesday when a federal appeals court struck down a preliminary injunction preventing Microsoft from forcing PC makers to include the Internet Explorer Web browser in the Windows 95 operating system.
     "[The ruling] didn't involve enforcement of antitrust laws. We have a case pending in federal court. … that will show a series of monopolistic practices and an intent to protect Microsoft's position in the operating system market," Klein said.
     Appearing Wednesday on "Moneyline News Hour with Lou Dobbs,"Klein said that the Justice Department is still considering an appeal. "We're considering all our options," Klein said. "At this point there are no settlement negotiations."
     Klein said the growing number of mergers and the long-running Microsoft case are keeping antitrust regulators busy. However, Klein is confident each case will receive the proper scrutiny.
     "The attorneys, economists and support staff are enormously committed to the mission and have been working extended hours. Consumers know competition brings better choices, lower prices and better opportunities. Our role is to make sure that competition is robust. That's what has done good things for our economy," he said.
     Klein said mergers that are good for the economy and consumers will clear regulatory hurdles. He said regulators are equally committed to ensuring tie-ups that will hurt competition are thwarted.Back to top
     --from staff and wire reports
    

  RELATED STORIES

Court lifts Microsoft ban - June 23, 1998

Win 98 set to hit store shelves - June 23, 1998

  RELATED SITES

Microsoft Corp.

U.S. Justice Department


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




graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.