Microsoft (MSFT) Has Reached Agreement With The EU

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According to The Wall Street Journal, Microsoft (MSFT) has reached an agreement in its long battle with the EU over antitrust matters.

The paper writes that the key components of the deal are: "First, competitor software developers will be able to access and use Microsoft’s interoperability information. Second, the royalties to be paid for this information will be reduced to a "nominal one-off payment" of €10,000 ($14,348)."

"And third, the royalties Microsoft charges for a world-wide license to use its product, including patents, will be reduced to 0.4% from 5.95% — less than 7% of the royalty originally claimed."

Douglas A. McIntyre