Court says EU technically erred in ruling against WorldCom/Sprint deal in 2000
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BRUSSELS  - U.S. giant WorldCom, now called MCI Inc., won a moral victory Tuesday when a European court ruled that European Union antitrust regulators should not have issued an order blocking its aborted &#36;127-billion-US bid in 2000 for telecom rival Sprint Corp.
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A federal judge in Manhattan said Wednesday that MCI Inc., formerly known as WorldCom, may have violated a court order by paying more than $25 million in professional services fees as part of its bankruptcy proceedings.
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Competition Commissioner Mario Monti suffered an embarrassing defeat in a Luxembourg court this week - it ruled that his decision on the Sprint-Worldcom merger was illegal.
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The Supreme Court said on Monday that it rejected an appeal by former WorldCom Inc. Chief Executive Bernard Ebbers, who was convicted of orchestrating an $11 billion accounting fraud that led to the largest U.S. bankruptcy.
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A source says Europe's antitrust watchdog has had a change of heart on the deal following the U.S. DOJ's loss on the case in court.
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PARIS - IT industry watchers and legal observers were skeptical Wednesday of the significance of a ruling by a European court that MicrosoftÂ must comply with antitrust remedies imposed by the European Commission. Analysts doubted the power of the remedies to achieve their stated goal of boosting competition in two key software markets: workgroup servers and media players.
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Microsoft Corporation lost a major appeal today in a European court, which ruled that the world&#39;s largest software company must comply with sanctions imposed by regulators and strip features from its Windows product.
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Investor's Business Daily - A European Union appeals court decision to uphold a 2004 antitrust ruling against Microsoft means tough restrictions on the firm will stick and could embolden the EU in other probes against Microsoft and other big companies.
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A top European Union judge challenged the EU executive's reasoning in its antitrust court battle with Microsoft Corp. Friday, questioning why it opposed the U.S. software giant's setting industry standards.
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A European Union court upheld a  landmark 2004 European Commission antitrust decision against  Microsoft  on Monday in a crucial victory for the  European competition regulator over the U.S. software giant.
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Court should not have blocked the company&#39;s Sprint takeover bid after the merger was abandoned. LUXEMBOURG  - The European Commission made a bad call when it blocked a takeover bid by US telecoms
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BRUSSELS, Jan. 31 The European Court issued a ruling that declares Italy's method of allocating television frequencies is in breach of European law. via Earth Times
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A European Union court ruled Wednesday that Microsoft Corp. will have to abide immediately by an EU ruling that forces the software giant to change its commercial practices before the appeals procedure runs its full course.
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BREAKING NEWS - The European Court of First Instance in Luxembourg has ruled against Microsoft in its appeal of a March 2004 finding of the European Commission. In so doing, the Court upholds the EC's finding that Microsoft abused its dominant market position in Europe, first by failing to supply access to its protocols for enabling interoperability with its communications software in Windows and Windows Server, and second by bundling its Media Player with Windows XP.
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Reversing a lower court decision, an appeals court ruled Wednesday that a group of Oracle (ORCL:Nasdaq - news - research) shareholders can sue the company and top executives for allegedly covering up weak financial results in 2000 and 2001.
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A U.S. appeals court on Friday threw out a 2004 Federal Communications Commission decision that found local telephone carrier BellSouth Corp. had discriminated against competitors when offering certain network access discounts.
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A possible 2001 merger between  WorldCom Inc. and Verizon Communications was scuttled by  internal concerns over accounting tricks at WorldCom, jurors in  the fraud trial of former WorldCom CEO Bernard Ebbers were told  on Thursday.