Microsoft to pay IBM £438m (a drop in the ocean?)


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Microsoft is to pay $775m (£438.4m) to computer giant IBM to settle an anti-trust claim.
Under the settlement, the software maker will also give IBM a $75m credit for its computer programmes.

Microsoft said the settlement resolves discriminatory pricing and overcharging allegations made by IBM.

The action dates back to a 1990s US federal case which found Microsoft had been acting as a monopoly by forcing computer firms to take its software.

The $775m payout is the latest in a long line of such payments following the action brought by the US Department of Justice - last year Microsoft agreed to pay $2bn to Sun Microsystems.

Source: BBC