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U.S. Says No Longer Pursuing Microsoft Break-Up

WASHINGTON (Reuters) - The U.S. Justice Department (news - web sites) said on Thursday it was no longer seeking the break-up of Microsoft Corp and would strive to find a remedy in the three-year old case ``as quickly as possible.''

In a statement that pushed the technology's giant's shares higher, the department said it would also not pursue an unresolved claim that the company illegally tied its Internet Explorer browser to its Windows operating system.

``The Department of Justice (news - web sites)'s Antitrust Division today advised Microsoft that it will not seek a break-up of the company in remand proceedings before the U.S. District Court,'' the statement said.

``The Department is seeking to streamline the case with the goal of securing an effective remedy as quickly as possible,'' it added.

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Tiamatlady

September 2010

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