Microsoft to pay IBM US $775 million in Antitrust settlement
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According to a report in the New York Times, Microsoft will pay IBM Corporation US $775 million to settle antitrust claims which resulted from the U.S. government's antitrust lawsuit against the software manufacturer. The issues dealt with Microsoft's actions in reducing the value of IBM's OS/2 operating system, which competed with Microsoft's Windows Operating System. This settlement with IBM follows several other settlements of hundreds of millions of dollars each with Sun Microsystems, America Online, Gateway and Novell. Microsoft also has a
According to a report in the New York Times, Microsoft will pay IBM Corporation US $775 million to settle antitrust claims which resulted from the U.S. government's antitrust lawsuit against the software manufacturer. The issues dealt with Microsoft's actions in reducing the value of IBM's OS/2 operating system, which competed with Microsoft's Windows Operating System. This settlement with IBM follows several other settlements of hundreds of millions of dollars each with Sun Microsystems, America Online, Gateway and Novell. Microsoft also has a lawsuit pending against it that was filed by Real Networks, as well as an appeal of a US $600 million fine imposed by European antitrust regulators.
Sources:
New York Times: Microsoft to Pay I.B.M. $775 Million in Settlement
Techwhack: Microsoft and IBM Resolve Antitrust Issues
Softpedia: Microsoft Agrees To 775 Million Dollars Settlement With IBM
Sources & reporting note
Licensed archive reporting by Wikinews contributors. Text: Public domain (https://en.wikinews.org/wiki/Wikinews:Copyright). Original source date retained. 411 has not independently verified this archive report.
Read the source: Wikinews ↗Source published 2 Jul 2005, 05:30 am IST
