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BREAKING NEWS ~ Microsoft, RealNetworks settle antitrust lawsuit

[JURIST] MSNBC is reporting that Microsoft [corporate website] and RealNetworks [corporate website] have settled Real's antitrust lawsuit [press release] against Microsoft for $761 million. AP has background on the settlement.

4:04 PM ET - According to the settlement [press release], Microsoft will make a $460 million upfront cash payment and an additional $301 million in cash and services in order to settle the last major antitrust case against Microsoft. In exchange, RealNetworks will drop all antitrust claims against Microsoft. AP has more.

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Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

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