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

gameboy

Ding Dang Doo
Joined
Jan 31, 2004
Messages
4,305
Reaction score
6
Points
38
Age
67
Website
www.gamezplay.org
My Satellite Setup
DreamBox 7000s - Nokia Freeview - Several GameBoys - DS Lite - ZX81 - SNES - N64 - Saturn - Dreamcast - PlayStation - PS2 - Gamecube - PSP - iPod - iPhone - XBox - PS3 - Wii - iPad - No Life!
My Location
Scotland
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
 
Top