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OCAU News |
Microsoft is NOT being broken up anymore.
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(link) Friday, 7-September-2001 10:26:36 (GMT +10) - by Agg
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This is big news, more info here on Wired.
WASHINGTON -- The Justice Department has abruptly reversed its long-standing attempts to carve Microsoft into two independent companies.
On Thursday, the department's antitrust division told Microsoft's lawyers that they no longer needed to fear a breakup, a prospect that had loomed over the company since a federal district judge ordered it last year.
Instead, the government said, it would seek to impose severe regulations on what the world's largest software company may and may not do in the marketplace.
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