Microsoft Settles California AntiTrust Suit |
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Associated Press News Wire (ap@telecom-digest.org) Tue, 2 May 2006 19:36:42 -0500
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Microsoft Corp. will pay $70 million to thousands of California government agencies in the latest legal settlement spurred by price-gouging allegations against the world's largest computer software maker.
The proposed truce covers a wide range of taxpayer-backed agencies --
If the settlement gains court approval later this year, Microsoft will
The proposed payments are similar to a $1.1 billion pool that
Although Microsoft has consistently defended its prices as fair and
The backlash unleashed a tidal wave of lawsuits, including a closely
Redmond, Wash.-based Microsoft spent billions resolving other suits
Led by the cities of San Francisco and Los Angeles, the California
In a statement Tuesday, Microsoft denied it did anything wrong. "We
San Francisco lawyer Richard Grossman, who represented the government
The agreement still requires the approval of U.S. District Judge J.
Copyright 2006 The Associated Press.
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