CNN Evening News for Thursday, May 14, 1998
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(Studio: Judy Woodruff) Agreement by Microsoft to delay shipping it Windows 98 software to continue talks with the Justice Department and states attorneys generals, who are threatening to sue Microsoft on antitrust grounds, reported; details given of the issue of whether Microsoft can monopolize the market for Internet browsers.
(Washington: Brooks Jackson) The history of monopoly busting in the US reviewed; details given of the Sherman Antitrust Act of 1890 that was used against rail and oil trusts to keep corporations from becoming too powerful. [American Antitrust Institution Albert FOER - praises the Sherman Act.] The recent waning of trust busting and the rise of giant mergers outlined; Justice Department statistics and examples of merger mania cited. [Daimler- Benz CEO Juergen SCHREMPP - talks about the Mercedes-Chrysler merger.] The recent questioning of Microsoft on antitrust noted.
(Studio: Judy Woodruff) CNN's Microsoft special announced.
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