NORTH CAROLINASettlement May Cost Microsoft $89 MillionMicrosoft...
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From Times Wire Reports
NORTH CAROLINA
Settlement May Cost Microsoft $89 Million
Microsoft Corp. has agreed to settle a class-action antitrust lawsuit in North Carolina by setting up an $89-million fund to reimburse customers and buying computer technology for poor schools.
The proposed settlement was made public at a court hearing in Raleigh before Judge Ben F. Tennille.
The lawsuit accuses Microsoft of driving up prices by destroying competitors and monopolizing the market.