California antitrust deal with Microsoft approved

On Wednesday a U.S. judge gave the final approval to the $1.1 billion dollar settlement between Microsoft and the state of California. This lawsuit was settled in January 2003 with vouchers ranging from $4 to $29. The voucher only applies for those who purchased Microsoft software between February 18, 1995 and December 15, 2001.

A U.S. judge gave final approval Wednesday to the $1.1 billion settlement between Microsoft Corp. and plaintiffs who filed a class-action lawsuit against the company in the state of California. The class-action lawsuit accused Microsoft of overcharging California consumers, schools, and businesses for Windows and other products.

In his 31-page order, California Superior Court Judge Paul H. Alvarado said the amount "constitutes fair, reasonable and adequate compensation to the Class." The lawsuit was originally settled in January 2003, when the parties agreed that Microsoft must offer vouchers, ranging in amount from $4 to $29, to customers in California who purchased Microsoft software between Feb. 18, 1995, and Dec. 15, 2001.

News source: InfoWorld

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