US Government probes Microsoft's WebTV acquisition
- 21 May, 1997 22:00
The US government has asked Microsoft for additional information on its planned purchase of WebTV Networks, a move that could signal anti-trust concerns with the merger.
The US Justice Department late last week made a second request for information on the deal, the Wall Street Journal reports. Among information it is seeking are details on what WebTV's plans would have been without the US$425 million acquisition, and a list of the company's competitors, according to the report.
Microsoft announced in early April that it would acquire the Palo Alto, California-based maker of systems that provide Internet access through a television. The companies could not be reached for comment.
Microsoft is preparing the documents and expects the request will not hinder the acquisition, according to the reports.