Microsoft Settles Lawsuit for USD 750 M

World | May 31, 2003, Saturday // 00:00

Software giant Microsoft has agreed to pay USD 750 M to settle a lawsuit claiming it used its dominance to crush competition. The case involved Netscape Communications which now belongs to the AOL group. As part of the agreement, Microsoft will give a new royalty-free, seven-year licence of its browsing technology to AOL.
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