Microsoft, Daum reach settlement

By Jo Best, Special to ZDNet Asia
Monday, November 14, 2005 11:09 AM

Microsoft has settled the latest in a long line of antitrust suits by getting out the Redmond chequebook once again.

The software giant ended the lawsuit by Korean ISP Daum with a payment of US$30m. The settlement will take the form of a US$10 million cash settlement, US$10 million in advertising deals and a further US$10 million on unspecified business terms.

In 2001, the Korean portal alleged Microsoft was breaching competition law by bundling its instant messaging program with Windows XP.

RealNetworks had also alleged antitrust violations by Microsoft in South Korea, saying the bundling of MediaPlayer with Windows shut out competition from the market. However, it dropped its complaints in a number of countries following a US$761 million settlement last month.

However, the South Korean Fair Trade Commission (FTC) has continued to investigate the alleged breaches and is expected to pass judgment on Microsoft soon.

Microsoft threw its toys out of the pram over the FTC's persistence in investigating it and has suggested it may be forced to pull Windows software from the country. A spokesman for the FTC said at the time such behaviour would not affect the investigation.

Microsoft failed to provide comment at the time of publication.

Jo Best of Silicon.com reported from London.


WORTHWHILE?

0

0 votes
Blog

Talkback 0 comments

There are currently no comments for this post.


Tech Jobs Now!

Search for your ideal tech job:

Windows Server 2008 iSCSI multiple connected session modes

Enterprise Servers & Storage

For administrators using Windows Server 2008's iSCSI initiator, selecting the right connection policy is critical. Rick Vanover explains the options for the ease-of-entry storage protocol.


Read more »


 
Virtualize your way to cost savings
Build an infrastructure that is flexible, scalable, and economical, as you strive to become a truly agile business.

Red Hat Outlines Its Virtualization Strategy and Roadmap for 2009
» Watch the video




NUS Enterprise: An 'incubator without walls'

Blog thumbnail

Almost everyone has had dreams of owning their own shop, but most of us know also that it takes a fair amount of resources to open a new business, and..... by Eileen Yu

Read more »

Tags

  1. antivirus
  2. apple ipod
  3. cnet networks inc.
  4. desktop
  5. e - mail
  6. hard drive
  7. intuit inc.
  8. mcafee inc.
  9. microsoft corp.
  10. microsoft windows
  11. microsoft windows vista
  12. microsoft windows xp
  13. norton co.
  14. pc
  15. performance
  16. security
  17. software
  18. tool
  19. web
  20. web site