That was my initial reaction as well, but after looking into it a little bit I'm not so sure. The wording of the Sherman Act is pretty broad, and the history of how it's been applied by the courts seems to be pretty complex (as might be expected with a broadly-worded law from 1890), so I'm inclined to doubt any explanation of the situation that would fit on a bumper sticker. There are, I assume, important legal reasons behind how United States v. Microsoft unfolded, with a protracted hard-fought court battle followed by a settlement that imposed some pretty major restrictions on Microsoft. If Microsoft could have easily gotten around the effects of a breakup, I'd expect almost everything about that fight to be different.