Northwest ; High Court Rejects Suit Against Microsoft
Posted on: Wednesday, 25 June 2003, 06:00 CDT
Microsoft Corp. and three computer manufacturers won't have to face a claim they conspired to maintain a monopoly, after the U.S. Supreme Court refused to revive an antitrust suit against them.
The court turned down an appeal by the bankruptcy trustee for Gravity Inc., a Texas software company. A lower court dismissed Gravity's claim that Microsoft conspired with Hewlett-Packard Co. unit Compaq Computer, Dell Computer Corp. and NEC Corp. unit PB Electronics to maintain its monopoly on the Windows operating systems software.
Gravity said the computer makers signed anticompetitive licensing agreements with Microsoft. The suit was among dozens filed against Microsoft after a U.S. appellate court ruled in 2000 that the company illegally defended its Windows monopoly. Gravity's suit was the only one that accused computer makers of conspiring with Microsoft, the software maker's lawyers said in court papers.
Diller's Interactive buys out Hotels.com
Interactive Corp., the electronic-commerce company run by Barry Diller, said it completed the acquisition of the 32 percent of Hotels.com it didn't already own for about $1.77 billion.
Chief Executive Diller said earlier this year that he would buy Hotels.com as part of a plan to create the top Internet-commerce company. Hotels.com and Interactive's other units, which include ticket seller Ticketmaster and online travel agency Expedia Inc., will be operated as separate businesses with their own chief executives reporting to Diller.
Snippets ...
Seattle-based Primus Knowledge Solutions Inc., a software company whose stock now trades above $1, has regained compliance with Nasdaq Stock Market's minimum bid price rule.
Redwood Shores, Calif.-based Visto Corp., which acquired Seattle's ViAir earlier this month, has raised $20.1 million in venture financing from VantagePoint and others.
Corixa Corp. has signed a seven year manufacturing agreement with MDS Nordion of Ottawa, Canada, relating to the Bexxar cancer therapy.
Quick Hits is written by P-I reporters John Cook and Dan Richman. Send comments to johncook@seattlepi.com. This report includes information from The Associated Press and Bloomberg News.
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