Microsoft to pay IBM US $775 million in Antitrust settlement

Saturday, July 2, 2005

According to a report in the New York Times, Microsoft will pay IBM Corporation US $775 million to settle antitrust claims which resulted from the U.S. government's antitrust lawsuit against the software manufacturer. The issues dealt with Microsoft's actions in reducing the value of IBM's OS/2 operating system, which competed with Microsoft's Windows Operating System. This settlement with IBM follows several other settlements of hundreds of millions of dollars each with Sun Microsystems, America Online, Gateway and Novell. Microsoft also has a lawsuit pending against it that was filed by Real Networks, as well as an appeal of a US $600 million fine imposed by European antitrust regulators.

Sources:

New York Times: Microsoft to Pay I.B.M. $775 Million in Settlement
Techwhack: Microsoft and IBM Resolve Antitrust Issues
Softpedia: Microsoft Agrees To 775 Million Dollars Settlement With IBM

Share this:

This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article has been released into the public domain. In the event that this is not legally possible, this article may be used for any purpose, without any condition, unless such conditions are required by law. This applies worldwide. Copyright terms on images, however, may vary, so please check individual image pages prior to duplication.