Microsoft settles software sales suit for $10 mln

Reuters | at | by Mike

Microsoft said on Tuesday it would pay $10.5 million to settle an antitrust lawsuit brought by U.S. customers who claimed the No. 1 software maker used its monopoly power to overcharge them for direct purchases of software. Under the settlement, consumers and businesses who bought Microsoft's software directly from the company's Web site or direct marketing campaigns agreed to drop their charges. Microsoft, which admitted no wrongdoing, said it will pay each purchaser a portion of the price paid for software bought up until April 30, 2003.