(The Hosting News) – The 2002 agreement between Microsoft and the Department of Justice over Microsoft’s past anti-trust behavior expires today.
Upon the expiration, the U.S. Department of Justice celebrated the agreement for having helped create innovation among software companies by opening up the market to fairer competition.
In a memo concerning the expiration, the department stated that the agreement “helped create competitive conditions that enabled new kinds of products, such as cloud computing services and mobile devices, to develop as potential platform threats to the Windows desktop operating system”.
The agreement between Microsoft and the Justice Department resulted from a suit filed by the Department of Justice in 1998 over the Microsoft’s antitrust behavior. The department had alleged that Microsoft provided an unfair monopoly by forcing computer developers to only rely on Microsoft Windows.
The overall results of the agreement put into place new regulatory standards that prevented the software giant from continuing the antitrust behavior. It also required Microsoft to submit to court reviews over its practices.
Some analysts see the deal as having aided in development for companies such as Facebook and Google. Microsoft was also fined in 2004 by the European Union for similar antitrust concerns.
After the agreement, Microsoft still remains a giant and according to Netmarketshare, the company’s Internet Explorer web browser accounts for 55% of all web browsers used.