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Microsoft will pay residents of California compensation in the amount of $ 1.1 billion.
At the end of last week, one of the court proceedings ended, the result of which, according to the practice of using precedents in the US judicial law, could significantly affect the course of similar cases in the future. Last Friday, Microsoft agreed to pay California consumers of its products, who took part in a class-action antitrust lawsuit (where any number of potential plaintiffs can join the filed “open” claim), at least $ 1.1 billion. in the form of vouchers.
According to the court order, Microsoft will issue vouchers worth between $ 5 and $ 29, depending on the purchased licensed product. Vouchers can be used to get a discount on the purchase of computers and software products from any manufacturer, including rivals Microsoft.
Of course, the amount sued from Microsoft is impressive, however, this, as they say, is still in flower in view of the established practice of judicial precedents in the United States: the berries will be there when the proceedings begin on similar cases filed in 16 more states, including the District of Columbia, and there is California the case can be used as a basis for making decisions.
Plaintiffs’ attorneys have already issued a statement that claims for compensation will begin after the preliminary approval of the current decision by the San Francisco District Court, which is expected in February. Plaintiffs will receive leaflets and emails by spring with instructions on how to complete applications. Interestingly, for a bid of $ 100 or less, no proof of purchase is required. Compensation will be paid for products purchased from Microsoft, including MS Windows and MS Office, for the time period between February 18, 1995 and December 15, 2021. For example, a Microsoft Office customer will receive a $ 29 voucher for each copy of the product purchased, $ 26 for an Excel copy, $ 16 for a Windows copy, and $ 5 for each MS Word copy. Two-thirds of the entire unclaimed amount in this lawsuit will be directed to the needs of California high schools, more precisely, to the purchase of computers and related software, as part of the plans of the US Department of Education.
According to Microsoft representatives, the company has not yet calculated exactly how these payments will affect profitability, the exact data will be presented one of these days. Previously, the company was counting on the costs of paying antitrust claims in the amount of $ 660 million. Microsoft representatives also refrained from commenting on the number of voucher recipients, however, the plaintiffs’ lawyers say about 13 million. California private and business buyers. Interestingly, according to preliminary data, business buyers – owners of licensed software will receive the maximum amount of compensation, since it is the companies that consume up to 80% of Microsoft products sold in California.
Source: The Mercury News