Microsoft shares tumble ahead of court ruling

WASHINGTON, APRIL 3. Microsoft shares plunged today hours ahead of a U.S. federal judge ruling in the Government's anti-trust case following the failure of talks aimed at an out-of-court settlement. In early New York trading, shares of the software giant plunged 13.7 per cent.

The Government alleges Microsoft abused its monopoly position to crush competitors and the ruling is widely expected to be unfavorable to the company. However, Microsoft officials said they remain confident of an eventual legal victory.

- AP

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Section  : International
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