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Equity Market News 19th May 2012

Equity Org Headlines:

Essar Energy adds 3 percent in mostly lower London energy sector

Antofagasta leads miners higher in London

Hunting plc leads energy sector lower

Sports Direct International leads London retailers higher

Pace plc drops 40 percent on profits warning

Royal Bank of Scotland leads London banks lower

Royal Bank of Scotland leads banks, FTSE 100 higher in London

Lloyds Banking Group drops 8 percent on first-quarter loss

Lloyds shares down on PPI claims

Aquarius Platinum adds 7 percent amid mostly lower mining sector

06/04/05

Permalink 05:15:12 pm, Categories: Europe Eurofirst, 154 words  

Microsoft faces pressure from ECIS

A group of software and technology companies have joined the European Commission’s anti-trust case against Microsoft.

The European Committee for Interoperable Systems (ECIS) includes IBM, Oracle, Nokia, Red Hat, and RealNetworks.

The participation of these companies in the case will serve to add credibility to the case, credibility which was lessened after Sun, Novell, and the Computer and Communications Industry Association dropped out of the case after settling out of court with Microsoft.

It is not sure that the ECIS will be granted the right to officially join the proceedings, as it missed a filing deadline with the court.

But the ECIS will still be able to lend technological and legal advice, lost when the other concerns dropped out, on an unofficial basis if they are not granted official standing.

In addition, even if not granted official standing, the ECIS can also still apply to participate in the oral arguments on the appeal.

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