Techspec-Tech News

Sunday, July 03, 2005

Microsoft pays big in anti-trust suit

Microsoft is settling an anti-trust suit with IBM, paying it $775 million and another $75 million in credit announced today. This resolves claims made by the U.S. government against Microsoft. Judge Thomas Penfield Jackson found that IBM was hurt by Microsoft's anti-trust practices. The two companies were both pleased to settle the lawsuit. Part of the settlement includes that IBM cannot make claims for what they are calling server monetary damages for two years or claims made before June 30, 2002.
-Vash

posted by Phatlip12(administrator) at 10:23 AM

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