Microsoft Settles Class-Action Lawsuit in Minnesota
Microsoft is working hard to resolve a class action antitrust lawsuit, consumers in Minnesota, one of the few remaining countries such as Microsoft have not been resolved, claiming that the company is abusing its monopolistic position in desktop operating systems overcharging for software.
Microsoft issued a brief statement on Monday that Minnesota lawyers reached a settlement to resolve class. "The parties have reached an agreement to resolve all claims litigation. Clearing report will be submitted to the Courts preliminary approval in early summer of 2004, "read the statement.
Terms were not open. Plaintiff attorneys had originally requested the maximum amount of compensation for 425 million US dollars.
Resolved when an integral part of a busy time, Microsofts legal negotiations. The company recently reached a settlement with 2 billion US dollars and 440 million US dollars Sun Microsystems patent infringement settlement with InterTrusts technology.
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