Software giant Microsoft has wired its final $5 million dollar payment to the state of Mississippi. It's part of a multi-million dollar anti-trust settlement reached between Microsoft and the state.
"We collected $48.5 million for the state and $1 million for Mississippi consumers who redeemed their vouchers," said Attorney General Hood. "Mississippi recovered more than any other state and it did not cost the taxpayers anything, because we made Microsoft pay our attorneys."
In 2004, the Attorney General's office claimed the company illegally overcharged Mississippi residents by creating a monopoly for their computer operation system software including Windows 95, Windows 98, and Windows ME, as well as other Microsoft products, such as Microsoft WORD, Excel and other applications.
The company settled with the state and gave Mississippi $40 million in 2009, which Attorney General Hood immediately directed to state coffers to offset shortfalls in the state budget. The company has since paid an additional $3.5 million, $1 million of which was returned in vouchers to qualifying Microsoft users, including individuals, schools and businesses.
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