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NORTH CAROLINASettlement May Cost Microsoft $89 MillionMicrosoft...

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From Times Wire Reports

NORTH CAROLINA

Settlement May Cost Microsoft $89 Million

Microsoft Corp. has agreed to settle a class-action antitrust lawsuit in North Carolina by setting up an $89-million fund to reimburse customers and buying computer technology for poor schools.

The proposed settlement was made public at a court hearing in Raleigh before Judge Ben F. Tennille.

The lawsuit accuses Microsoft of driving up prices by destroying competitors and monopolizing the market.

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