Why Did the Justice Department Drop Its 1998 Antitrust Lawsuit

question 54

Multiple Choice

Why did the Justice Department drop its 1998 antitrust lawsuit against Microsoft?

• A) The department could no longer afford to continue the lawsuit.
• B) The Supreme Court denied their appeals request.
• C) A new president was elected and he decided not to press the case.
• D) Congress put pressure on the department to drop the suit.
• E) Public opinion was overwhelmingly behind Microsoft.

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Definitions:

Previous Round

Refers to the most recent stage of financing or investment a company underwent before the current one.

Terminal Value

The estimated value of a business or project at the end of a specific period, taking into account future cash flows in perpetuity.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

P/E Ratio

The Price-to-Earnings Ratio is a financial metric comparing a company's share price to its earnings per share, indicating the value that investors place on a company's earning ability.