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Reuters: Microsoft says picks prices without worry of competition

Feb 28, 1999, 16:52 (1 Talkback[s])
(Other stories by David Lawsky)

"The Microsoft executive who set the price of Windows 98 said in testimony released at the company's antitrust trial Thursday that he picked his price without having to consider the competition. An antitrust expert said the testimony by senior vice president Joachim Kempin came close to an admission that Microsoft Corp. holds monopoly power, a central issue in the case. Perhaps equally important, District Judge Thomas Penfield Jackson questioned Kempin intensively about sworn statements by a Gateway 2000 Inc. executive who said that his computer manufacturing firm was threatened by Microsoft. Together, the two issues are the heart and soul of allegations by the Justice Department and 19 states that Microsoft holds monopoly power in the market for the Windows personal computer operating system and has abused that power in order to preserve and expand it."

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