Most of MS $1.1 billion unclaimed
p2pnet.net News:- Of the 14 million individuals and companies eligible to claim part of a $1.1 billion Microsoft, ’settlement,’ a mere 700,000 have so far sent in a demand for vouchers that can be used for computer hardware or software purchases from any manufacturer.
So says the San Francisco Chronicle, going on:
“For those who miss the Jan. 8 deadline to mail a claim, their loss will be Microsoft’s gain. The Redmond, Wash., software powerhouse, which has spent the past six years defending against charges that it created illegal monopolies on certain product lines, will get to keep one-third of any unclaimed portion of the $1.1 billion settlement.
“Those savings could be substantial for Microsoft. No public tally of the amounts claimed so far has been released, but one lawyer representing claimants estimates that only about 10 percent of the money will be spoken for.”
The money is for people said to have been overcharged by Microsoft for programs such as Windows, Word or Excel bought between February 18, 1995, and December 15, 2001, when Bill and the Boyz were accused of maintaining a near monopoly.
Go here for the full list of what falls sunder the pay-out.
The claims deadline is January 8.
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See:-
Microsoft’s gain – Microsoft cash ignored, San Francisco Chronicle, January 1, 2005
overcharged by Microsoft – Unclaimed Microsoft settlement $$, p2pnet. December 28, 2004
