- Jun 12, 2001
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news from CNN
snippet:
Microsoft settles suits for $1.1 billion
Monday, January 13, 2003 Posted: 9:51 AM EST (1451 GMT)
SAN FRANCISCO (AP) -- Microsoft reached a $1.1 billion settlement with consumers in California who accused the software giant of violating the state's antitrust and unfair competition laws.
Critics immediately labeled the pact a sellout.
Under the agreement announced Friday night, proceeds of the settlement will be distributed in the form of vouchers redeemable for computers and software products.
snippet:
Microsoft settles suits for $1.1 billion
Monday, January 13, 2003 Posted: 9:51 AM EST (1451 GMT)
SAN FRANCISCO (AP) -- Microsoft reached a $1.1 billion settlement with consumers in California who accused the software giant of violating the state's antitrust and unfair competition laws.
Critics immediately labeled the pact a sellout.
Under the agreement announced Friday night, proceeds of the settlement will be distributed in the form of vouchers redeemable for computers and software products.
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