Microsoft to pay out $1.1bn to US customers

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Microsoft to pay out $1.1bn to US customers

Antony Savvas

Microsoft is to finally start handing out $1.1bn (£628m) in compensation to Californian consumers, public bodies and enterprises as part of its anti-trust settlement with US states.

The Californian settlement was the largest to be agreed in a US court and covers users who bought Microsoft software between 1995 and 2001.

Microsoft was accused of using its “monopoly” in the software market to push up prices in the market. Vouchers worth anything from around $100 to millions of dollars will be distributed to users.

The vouchers can be exchanged for cash over the next four years, according to the settlement.

The settlement was agreed back in 2003, but the distribution of the vouchers was delayed when a single consumer claimant, who was part of the class action, objected to unclaimed vouchers being instead distributed to schools.

His opposition failed and the vouchers will now be distributed from next month.


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