Business Services Industry
Commerce Secretary Favors `Hands Off' Approach to Market Regulation.
Knight Ridder/Tribune Business News, May, 2001
By Brier Dudley, The Seattle Times Knight Ridder/Tribune Business News
May 12--It remains to be seen how aggressively President Bush will pursue the antitrust case against Microsoft. But Microsoft can breathe easier if Bush shares the sentiments of his close friend and confidant, Donald Evans, the new U.S. secretary of commerce.
During a visit to Microsoft's campus in Redmond yesterday, Evans refused to discuss the case but made it clear he favors a hands-off approach to competition in the marketplace.
"Generally speaking, government should not pick winners and losers; government ought to let the marketplace do that," he said.
Under the Clinton administration, antitrust regulators sided with some of Microsoft's chief competitors of...
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