Microsoft lost money to settle litigation

On February 14, Microsoft had to pledge to settle a lawsuit with thousands of Iowa residents (US) who bought the product from 1994-2006.

The terms of the agreement are not yet disclosed.

In 2000, thousands of people living in Iowa (USA) launched a lawsuit against Microsoft for its exclusive and non-competitive business actions, which led many customers to buy its software products at prices. high.

Microsoft denies the allegation and declares that customers in Iowa can buy quality products at competitive prices.

Representatives of Iowa residents, lawyer Roxanne Conlin said: " Microsoft's decision is a right decision and is beneficial to both sides. They themselves must evaluate and clearly identify risks. and their benefits ".

Microsoft and Iowa residents agree that compensation will be used to buy computers and software for schools in the state.

" We will use half of the compensation to close the digital gap in Iowa ," said Conlin lawyer.

Polk Scott Rosenberg, District Court Judge yesterday (February 14) asked the lawyers involved in this case not to disclose the details of the agreement. The judge proposed all details only to be disclosed in April this year.

" The court will review the terms of the agreement in April. April 20 will have a hearing to approve the agreement. If it is in accordance with the formal decision-making process, it will be notified. on August 31 , "Microsoft lawyer said.

"Microsoft suing syndrome"

Since 2000, the world's No. 1 software firm Microsoft has faced a total of 206 civil lawsuits across the United States. 108 of these are federal-level antitrust lawsuits and 96 state-level cases.

Most of the above cases are dismissed by the court or agreed by Microsoft before having to go to court.

Only two lawsuits - one in Iowa and one in Minnesota - have been brought to court. The Minnesota lawsuit was settled exactly two months after being brought to trial. And the Iowa case is considered to have been settled.

Hoang Dung