EC 101 Article 08 Microsoft Faces Antitrust Probe of Deals with Corel, Great Plains

EC 101 Article 08 Microsoft Faces Antitrust Probe of Deals with Corel, Great Plains

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Microsoft Faces Antitrust Probe Of Deals With Corel, Great Plains By JOHN R. WILKE Staff Reporter of THE WALL STREET JOURNAL WASHINGTON -- Federal antitrust enforcers opened a new front in their scrutiny of Microsoft Corp., investigating the software giant's alliance with Corel Corp. and another recent strategic investment. The investigation began in January even as Microsoft and the government prepared to argue the company's appeal of a federal court finding last year that it had repeatedly violated antitrust law. In a civil subpoena served on Microsoft three weeks ago, the Justice Department demanded all internal documents on the software company's $135 million investment in Corel last October, lawyers briefed on the case said. Corel, which is based in Ottawa and is best known for its WordPerfect and CorelDRAW programs, recently reported a fiscal fourth-quarter loss on declining sales. Heard on the Street: : Microsoft Draws Caution Despite Its New Products Microsoft to Acquire Great Plains in a Stock Deal Worth $1.1 Billion (Dec. 22) Microsoft to Invest $135 Million in Canadian Software Firm Corel (Oct. 3) * * * Company Profile: Microsoft The Justice Department is looking into whether Microsoft's stake in Corel could reduce competition in the market for office software packages that include word
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This note was uploaded on 04/26/2011 for the course ECON 101 taught by Professor Idson during the Spring '08 term at BU.

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EC 101 Article 08 Microsoft Faces Antitrust Probe of Deals with Corel, Great Plains

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