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Justice: Tentative agreement with Microsoft
NEW YORK (CNN) - The Justice Department (DOJ) confirmed Friday it has reached a tentative agreement with software maker Microsoft Corp. to settle the four-year old antitrust case against the company. A statement from the DOJ said the agreement would impose a broad range of restrictions on the company's business practices for at least five years. The agreement does not cover a concurrent action against the company by a number of state attorneys generals. Some of the states involved in the case had been reluctant to accept softer terms than they originally sought, according to analysts. Friday had been a deadline for the two sides in the case to reach an out-of-court settlement or have a federal judge schedule hearings on possible penalties for the company, which was found guilty last year of anticompetitive practices. |
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RELATED STORIES:
States push ahead in Microsoft antitrust case
October 29, 2001 Review: Impressive reporting on 'Breaking Windows' October 31, 2001 Microsoft, government face settlement deadline October 15, 2001 Mediator appointed in Microsoft case October 15, 2001 Report: Microsoft may face massive fine from European Union Oct. 10, 2001 Justice vs. Microsoft RELATED SITE:
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