Saying it would “inflict grievous and irreparable harm” on the company, its employees, shareholders and consumers, Microsoft filed a motion to stay all provisions of yesterday’s final judgment ordering the company be split in two.
Judge Thomas Penfield Jackson gave Microsoft four months to submit its breakup plan after signing off on the government’s proposal to divide the company into two parts: one that would sell operating systems and another that would sell applications and run the company’s Internet efforts.
More details are available at www.zdnn.com.
In an interview, Jackson – who set aside the provisions of his decision until the appeals process is finished – cited Microsoft’s refusal to admit wrongdoing as a factor in his decision, saying “there is considerable danger that they are continuing to do business the way they have been, and it is time to get some restraint in place.”
Read the interview posted online at www.zdnn.com/interview