A settlement to provide up to $1.1 billion has been reached in a class action lawsuit with respect to certain Microsoft software's acquired by the consumers and businesses for use in California. The consumers and businesses that are covered by this settlement can get benefit vouchers that may be redeemed for cash after buying eligible computer products.
Twenty-seven lawsuits has been filed in California claiming that Microsoft has violated California's antitrust and unfair competition laws by overcharging the consumers for certain of its operating system, word processing and spreadsheet software. The Court has granted preliminary approval of the settlement but still has to decide whether to grant final approval.
The proposed settlement will resolve private lawsuits about whether Microsoft violated California antitrust and unfair competition laws. The settlement will provide up to $1.1 billion of vouchers that people and businesses can use toward the purchase of desktop, laptop or tablet computers, printers, scanners, monitors, keyboards, pointing devices and generally available software made by any manufacturer. [SETTLEMENT INFORMATION]
