Microsoft Corp agreed to pay about $25.3 million, including an $8.75 million cri...
FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo
The U.S. Department of Justice said on Monday that Microsoft Hungary, which will pay the fine, also entered a non-prosecution agreement to resolve charges under the Foreign Corrupt Practices Act. Microsoft is paying $16.56 million to settle related civil charges by the U.S. Securities and Exchange Commission.
The executives and employees were accused of falsely representing to Microsoft that steep discounts were necessary to complete transactions with resellers who bid for the chance to sell Microsoft licenses, and that the discounts were falsely recorded in its records as legitimate business expenses.
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