
'We don't know where the money goes once we've paid it,' says Redmond
By Jo Best
Published: 24 November 2004 13:05 GMT
When Microsoft settled its antitrust battle with the Computer and Communications Industry Association (CCIA) earlier this year, one of the CCIA's top execs and an outspoken critic of Microsoft was paid nearly $10m.
According to the documents seen by the Financial Times, Ed Black, president of the CCIA, took half of the $19.75m payment Microsoft made to the association. The payment was approved by the board of the CCIA, the paper said.
A Microsoft spokeswoman said that while the company had made the payment to the association, it had not had any part in saying how the money was distributed after it was paid.
"It was of course up to the CCIA Board to decide how to use the money it received from us and we had no involvement at all in that process," she said.
However, when Microsoft and the CCIA announced the settlement, the Redmond behemoth seems to have intended the cash for lawyer's pockets, not Black's. The spokeswoman said: "Microsoft agreed to make a payment to CCIA as an organisation as reimbursement for certain legal and related expenditures that it had incurred."
Ed Black could not immediately be reached for comment.
As part of the settlement, the CCIA agreed to drop its antitrust suit against Microsoft, which alleged that Windows XP was anticompetitive. It also agreed to drop out of acting for the European Commission in its antitrust case against the software maker, which ruled that Microsoft should pay €497m and sell a version of Windows without its media player software bundled in.
The EU also recently lost another of its antitrust backers when Novell withdrew its support after settling with Redmond for $536m.
This will include a detailed knowledge of Equity Settlement processes, involvement in assessing requirement definitions, and analysing business ...
The Audit Commission Manager will also have experience within Allocations, lettings, Customer involvement, strategic planning and be an excellent ...
International Business Day concept in association with various industry bodies Working in association with the inward investment agencies of Denmark, ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Naked CIO Naked CIO: Social networks are useless for finding a job 'Quantity over quality' approach poisoning professional networks
Peter Cochrane Peter Cochrane's Blog: Uneconomics We must move away from short-termism to prevent next economic crisis