Settlement Information Updated on our website:
A settlement has been reached in an antitrust class action lawsuit against Microsoft about certain Microsoft software (Windows, MS-DOS, Office, Excel, Word, Works Suite or Home Essentials 97 or 98 products) acquired by consumers, businesses and Iowa state and local government entities for use in Iowa. Under the terms of the settlement, Microsoft will provide up to $179,950,000 in cash payments to consumers and in vouchers to volume licensees and/or Iowa state or local governmental entities that can be used towards the purchase of computers, peripheral computer hardware, and software.
Microsoft, headquartered in the United States is a multinational technology companies, is the world’s PC (Personal Computer, personal computer) pilot machine software, founded by Bill Gate and Paul Alan in 1975, the company is headquartered in Washington, Redmond (Redmond, near Seattle). To develop, manufacture, license and provide a wide range of computer software services.
The most famous and popular products for the Windows Microsoft operating system and Office Microsoft series software, is currently the world’s largest computer software provider
The word “Microsoft” is composed of two parts: “Microcomputer” and “software”. Among them, the source of the “micro” is microcomputer “micro computer”, and “soft” is the abbreviation of software “software”, which is named by Bill Gate.
Microsoft in December 1999 30 and reached the highest market value of $661 billion 600 million in human history, the listed company records, if you count inflation, the equivalent of $913 billion in 2012. Since 1999 by the U.S. Congress antitrust investigation, Microsoft’s share price is extremely frustrated, otherwise the estimated to be able to break through $850 billion.
Microsoft and class counsel have reached proposed settlements of lawsuits pending in a number of states (listed below) in which plaintiffs have alleged that Microsoft unlawfully used anticompetitive means to maintain a monopoly in markets for certain software, and that, as a result, it overcharged consumers who, during specific time periods, licensed in the United States for use in the specific states below Microsoft’s operating system software and/or certain of Microsoft’s applications software. Microsoft denies these allegations and maintains that it developed and sold high-quality and innovative software products at fair and reasonable prices.
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