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Settlement of FL Antitrust Lawsuits to Cost MS $202 Million
Settlement of FL Antitrust Lawsuits to Cost MS $202 Million

(April 17, 2003) - This week, a settlement was reached to resolve class action lawsuits alleging that Microsoft violated Florida’s antitrust and unfair competition laws, and received preliminary approval by the Miami-Dade Circuit Court.

The settlement provides benefits to consumers and businesses that purchased licenses for Microsoft operating system, productivity suite, spreadsheet or word processing software between Nov. 16, 1995, and Dec. 31, 2002, for use in Florida.

The settlement provides up to a maximum amount of $202 million, which may be claimed and distributed to class action members in the form of vouchers that may be used to buy any manufacturer's desktop, laptop, or tablet computers running any operating system, or any software used with those computer products.

Microsoft will provide one-half of any unclaimed settlement proceeds to Florida's most needy public schools in the form of vouchers that the schools may use to purchase computer equipment, software, and training from any manufacturer. Microsoft estimates that more than 1,600 schools, serving more than 695,000 Florida students, will be eligible.

The court has set a hearing date of Nov. 24, 2003 for final approval of the settlement.

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