‘Ethical’ Cisco will avoid anti-trust concerns
And win even more market share, Chambers tells The Times
Posted in Business, 19th March 1999 12:42 GMT
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Cisco will gain market share and avoid the attentions of anti-trust regulators, because it conducts an ethical competition policy, CEO John Chambers said. Speaking in today's Times Chambers said: "I like my peers and I enjoy competing, and I think my company will be stronger because of competing ethically and above board. It means I'll have more market share in five years time than if we were more aggressive." Cisco is probably one of the world's three most influential IT vendors, joining Microsoft and Intel in an axis that some people are now calling Wintelco. The $10 billion t/o Router King is the dominant force in high-end routers, and is gaining ground in the medium and low-end sectors. But so far, it has largely managed to avoid the attentions of US anti-trust regulators. The one exception was last October, when the FTC launched an investigation into a meeting held by Cisco,Lucent and Nortel. (See: Fed's Probe Yalta Conference.) At the time, Cisco denied allegations that it trie to persuade Lucent and Nortel to carve out the network market between the three companies. ® Cisco CEO berates British education system Cisco chief pans Ascend takeover CeBIT 99. Cisco praises Singapore, bitches about Europe
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