Greenhill to Advise Justice Dept. on Microsoft Case

The Justice Department said it has retained Greenhill & Co. of New York City to advise it on the financial implications of a “full range” of potential remedies in the landmark Microsoft Corp. antitrust case. The Justice Department said Greenhill & Co. would “assist the division in analyzing financial aspects of the full range of potential remedies in U.S. vs. Microsoft, including conduct and structural relief.” A Justice Department official made it clear that retaining the firm reflects no view by the department on whether the case would be resolved in court or through mediation. The Justice Department and representatives of 19 states and Microsoft met earlier this week with a mediator in Chicago. A judge has found that Microsoft used monopoly power to harm consumers and competitors but reached no conclusion yet on whether those actions violate antitrust law. Greenhill & Co. provides strategic advice and advises companies on mergers and acquisitions, according to its Web site.