The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: shades who wrote (60169)	5/3/2006 12:47:09 AM
From: shades	Read Replies (1) of 110194

Microsoft Agrees To Tentative $70M Settlement With Calif. (while china backs her companies - our lawyers break ours) Dow Jones Newswires Microsoft Corp. (MSFT) reached a tentative $70 Million settlement resolving antitrust claims brought by certain California government entities. The class action suit was filed in August 2004 by the law firm of Townsend and Townsend and Crew, counsel for the City and County of San Francisco and the City of Los Angeles, as well as the counties of Santa Clara, San Mateo, Los Angeles and Contra Costa. The suit claimed that Microsoft engaged in anticompetitive conduct and "used its market power to overcharge members of the government class." Microsoft denies the suit's claims. The $70 million will be divided among the State of California and the government entities. Those entities can use the settlement benefits to get cash refunds "upon the purchase of any brand of qualifying computer hardware and software." "We value our relationship with these cities and counties and are pleased to reach a settlement that allows us all to focus on the future," said Tom Burt, corporate vice president and deputy general counsel for Microsoft. -Thomas Derpinghaus; 201-938-5400; AskNewswires@dowjones.com Order free Annual Report for Microsoft Corporation Visit djnewswires.ar.wilink.com or call 1-888-301-0513 (END) Dow Jones Newswires

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next