FC: Microsoft hit by class action suit, pays up to $1.1 billion

[Declan McCullagh <declan () well com>]

http://news.com.com/2100-1001-980269.html

   Microsoft resolves class-action suit
   By Declan McCullagh
   January 10, 2003, 8:55 PM PT

   Microsoft said late Friday that it has settled a California
   class-action lawsuit for up to $1.1 billion, a move that would end the
   largest suit of the kind against the giant software company.
   
   The settlement, which arose from claims that Microsoft unlawfully
   wielded its Windows monopoly to overcharge consumers for the operating
   system, allows individuals and businesses in California who bought
   Microsoft products during a five-year period to apply for vouchers
   with values of $5 to $29. The vouchers can be used to buy most
   hardware or software products from any manufacturer.

   [...]



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