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  Microsoft in settlement talks with European Union
Time: 09:52 EST/14:52 GMT | News Source: Seattle Times | Posted By: Kenneth van Surksum

Bloomberg is reporting that Microsoft is in talks with the European Union to settle two antitrust investigations.

Citing unnamed sources familiar with the negotiations, the Bloomberg report said Microsoft wants to reach an agreement before EU Competition Commissioner Neelie Kroes steps down at the end of the year. The EU has already fined the company $2.4 billion in previous antitrust cases.

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