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Microsoft Proposes Settlement in Antitrust CaseAired March 24, 2000 - 3:16 p.m. ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
ANDRIA HALL, CNN ANCHOR: There is movement right now on the antitrust case against Microsoft.
Let's go to Steve Young in New York. He's standing by now at CNNfn.
Steve, what do you have?
STEVE YOUNG, CNN CORRESPONDENT: Well, I can tell you that three sources have told CNNfn that Microsoft is today making or has already made a settlement proposal. Our sources tell us that at least some of the parties that need to take a look at that proposal have not received it. It's unclear whether it's a short one or a long one. One source calls it the first comprehensive proposal that's been made by Microsoft. Another source says it's unclear what is a settlement proposal, that is, will it be broad enough, will it be deep enough?
Some of the parties, and of course it is 19 states and the District of Columbia as well as the federal government that have sued Microsoft, were considering going to Chicago where federal mediator Richard Posner has been meeting separately with the sides, going there this weekend in light of this settlement but -- settlement proposal, that is. But our latest information is that they may not do that. I'm not sure what if anything we can infer from that.
The situation is very fluid. We have no details on what may be proposed and whether it will be acceptable to the states or to the federal government.
That's the latest that we have on the antitrust front regarding Microsoft, the states and the federal government.
HALL: Steve, thank you very much. We will continue to watch this story for you live here at CNN Center here in Atlanta. I'm Andria Hall, now back to Bobbie Battista and "TALKBACK LIVE."
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