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Microsoft to pay IBM $775M in antitrust settlement

[JURIST] Software giant Microsoft [corporate website] has agreed to pay [IBM press release] IBM [corporate website] $775 million to resolve claims stemming from the antitrust lawsuit brought by the US government in the late 1990s. As part of the agreement IBM agreed not to file any other claims for two years. Microsoft [JURIST news archive] which has agreed to pay nearly $4 billion to end antitrust claims brought by customers and rival companies, will also extend $75 million in credit towards facilitating the use of Microsoft programs. Microsoft still faces lawsuits from RealNetworks Inc. [RealNetworks press release], which makes a program that competes with Windows Media Player. Bloomberg has more.

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