Microsoft Settles Iowa Consumer Antitrust Lawsuit

Microsoft reached an undisclosed settlement in a lawsuit claiming it used its monopoly position to overcharge Iowa consumers for software products including Windows and Word. Microsoft reached the deal with a statewide class of consumers who had purchased Microsoft products since 1994. The plaintiffs claimed the company violated Iowa antitrust law to charge inflated prices by taking advantage of its monopolies in personal computer operating systems and software applications.

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