Microsoft overthrows breakup trial; stock soar 2.3%
The US court rejected the trial of breaking Microsoft into two independent enterprises yesterday. Meanwhile, it still maintained the ruling that Microsoft violated the antitrust rules and pointed out that the company secured its monopoly through the market force. Stirred by the ruling news, Microsoft surged 2.3% to close at US$72.74. The stock was once suspended for more than 3 hours to await the rulings by the court.
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