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AOL Time Warner and Microsoft settle anti-trust dispute
The world's largest media company, AOL Time Warner, has settled its long-running anti-trust dispute with Microsoft for $750 million. The two giant rivals have now decided to work together on many issues in the future. AOL would distribute Microsoft's Internet Explorer, making the browser even more pervasive. In the anti-trust dispute AOL had charged Microsoft with abusing its monopoly power against Netscape, a Web browser that AOL bought in 1999.
Source: ITWeb
