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Proposed Settlement In Microsoft Antitrust Wins Judge's Key Nod; Ashcroft: Consumer Victory; Company, Justice Dept. pass big hurdle in case vs. nine dissenting states.(A)

Investor's Business Daily

| November 04, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Patrick Seitz and Nick Turner

A federal judge Friday agreed with most provisions of an antitrust settlement between Microsoft and the Justice Department, signaling the possible end of the landmark case against the world's largest software firm.

The order by U.S. District Court Judge Colleen Kollar-Kotelly largely rejected the claims of nine states that wanted stiffer penalties against the Redmond, Wash., software leader.

"The settlement is a tough, but fair, compromise," Microsoft said in a statement. Company executives planned a press conference for later Friday.

"Today, consumers all across America won a great victory," U.S. Attorney General John Ashcroft said in a Justice Department press conference. "The final settlement provides certainty and stability to the vital computer sector of our economy."

Microsoft and the Justice Department reached the settlement in November 2001. Of the states that signed on as plaintiffs, 10 approved the deal, while the other nine and the District of Columbia held out for more far-reaching actions.

Had Been Ruled "Monopoly'

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