Microsoft Agrees To Pay $180M In Iowa Settlement

Law360, New York (April 18, 2007, 12:00 AM EDT) -- Microsoft Corp. plans to shell out as much as $180 million to resolve an antitrust class action that alleged the software giant wielded its monopoly power to overcharge Iowa residents for its software products.

Judge Scott Rosenberg gave preliminary approval to the settlement in Iowa state court in Polk County, according to the plaintiffs’ attorneys on Wednesday.

While Microsoft revealed in February that it agreed to settle the case, it did not disclose details of the settlement terms, except that the company would give half of...
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