[Cialug] Business Record Daily 02.14.2007 (fwd)

[Dave Weis]

Snipped version of the business record news on the MS trial.

-- 
Dave Weis
djweis at internetsolver.com
http://www.internetsolver.com/


---------- Forwarded message ----------
Date: Wed, 14 Feb 2007 10:56:59 -0600
From: Business Record Daily <businessrecord at bpcdm.com>
To: djweis at internetsolver.com
Subject: Business Record Daily 02.14.2007

Microsoft suit settled

A settlement has been reached in the Iowa class-action lawsuit against 
Microsoft Corp.

The terms of the settlement are not being disclosed pending preliminary 
court approval, which is expected in April.

"We are confident that the settlement is in the best interests of all 
members of the class, and we are deeply grateful for the quality and 
fairness of the judicial process in Iowa," said Roxanne Conlin, lead 
counsel for the plaintiffs.

Conlin filed the lawsuit in 2000, claiming that Microsoft engaged in 
illegal monopolization and anti-competitive conduct that caused customers 
to pay more for software than they would have had there been more 
competition.

Microsoft denied the allegations, saying Iowa customers received quality 
products at a fair price.

Under the settlement, Microsoft will provide half of any unclaimed 
proceeds to the Iowa Department of Education to bridge the digital and 
technical divide in Iowa schools through the purchase of computer hardware 
and software.

"One of the best aspects of resolving this case is that we can provide 
much-needed resources to underprivileged schools," said Rich Wallis, 
associate general counsel for Microsoft. "We're happy to have this matter 
behind us so we can focus on the future and build the next generation of 
products and innovations that enrich the lives of people around the 
world."