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Microsoft To Pay IBM In Antitrust Settlement

Pankaj Arora writes "A settlement has been reached in IBM's private antitrust case against Microsoft. According to the terms of the settlement, Microsoft will pay IBM $775 million cash in addition to $75 million in credit. From the article, 'The settlement resolves all discriminatory pricing and overcharging claims stemming from the U.S. government's mid-1990s antitrust case against Microsoft, the companies said in a statement. The settlement also resolves most other IBM antitrust claims, including those related to its OS/2 operating system and SmartSuite products. IBM's claims of harm to its server hardware and server software businesses are not covered by the settlement, however.'"

1 of 202 comments (clear)

  1. A drop in the bucket by RealProgrammer · · Score: 4, Interesting

    At $11.24B/year, they make that much in a single month.

    With SmartSuite out of the way, their Office package is the basically the only commercial offering out there. Microsoft's predatory, monopolistic practices easily made the company $850 million this year, and they've been doing it for a lot of years.

    Some days, my faith in the system is tested.

    --
    sigs, as if you care.