$330 Million Iowa Antitrust Class Action Lawsuit Settlement by Microsoft

Microsoft has agreed to settle its Iowa class action antitrust lawsuit for $330 million, which is still waiting for court approval.

The class action lawsuit alleged that Microsoft had overcharged customers in that state for software purchased since 1994.

“One of the best aspects of resolving this case is that we can provide much needed resources to underprivileged schools,” said Microsoft associate general counsel Rich Wallis. “We’re happy to have this matter behind us so we can focus on the future and build the next generation of products and innovations that enrich the lives of people around the world.”

Link [www.windowsitpro.com/Article/ArticleID/95194/95194.html]

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