Have you seen those "educational" editions of Microsoft Corp. (NASDAQ: MSFT)'s software for sale at your favorite local retailer? These "Student" editions are deeply discounted and are meant for ... students and educational professionals. Some iffy retailers, though, buy these copies from nefarious sources who have purchased the software already at a discount and are pawning it off as the "regular" product to internet retailers. The victim becomes the end-customer, who receives a product without all the features present, since what they have bought is an "educational" edition.
This practice has gone on worldwide and Microsoft continually has policed these activities. In the latest, the software company said this week that it will be taking action against groups that sold copies of Windows and Office discounted for academic use to regular users. In general, more software piracy against Microsoft goes on outside the U.S. (China is a big offender), and this case is no different. Ole' Softie processed nine lawsuits and sent more than 50 letters threatening legal action against groups that operate internationally (some posing as academic resellers in Jordan). The suits were filed in the U.S., however.
The problem is that these "resellers" bought the licenses cheaper than normal versions of the software, which in turn sold the academic products to U.S. resellers (at a discount), who then made heftier margins charging customers full retail (non-academic) prices. Of course, end-customers are not educators (usually), so these unsuspecting consumers ended up with a piece of software that was not licensed to be used in the home (or office). PC software piracy has gotten better with the advent of license checks on PCs over the internet, but where there's illegitimate money to be made, someone will be making it, right?
Last updated: February 09, 2010: 07:04 PM
Hot Stocks
DailyFinance Headlines
- Disney Reports Flat Earnings But Sees Conditions Improving
- Google's Bad Buzz: Microsoft, Yahoo Mock New Social Product
- Paulson Predicts U.S. Will Recover 'Every Penny' of Bank Bailout Cash
- The Dow's Jump Doesn't Mean All's Well in Europe
- Hermes Opens Store Just for Men
TheFlyOnTheWall.com Headlines
- Zale retains Peter J. Solomon Company to identify opportunities
- EOG Resources increases quarterly dividend 7% to 15.5c per share
- EOG Resources reports Q4 adjusted EPS 92c vs. consensus of 98c
- Mylan awarded NABP-VAWD accreditation for distribution facility
- Fifth Street Finance reports Q1 EPS 22c vs. consensus of 23c
BioHealth Investor Headlines
- Cell Therapeutics Facing Tougher FDA (CTIC)
- New Restless Leg Syndrome Review for XenoPort (XNPT, GSK)
- AMAG Fights Back (AMAG)
- Human Genome Sciences… When Insiders Sell Stock (HGSI)
- 10-Bagger Hunt Heads Back to Repros (RPRX)
WalletPop Headlines
- Borders coupon for 33% off
- No seed shortage for gardeners this spring, despite reports to the contrary
- Deaths spark crib recall: CSPC says to stop using Generation 2 and ChildESIGNS cribs
- Survey says? Homeowners think real estate collapse is over
- Dave Ramsey's recession-themed pick-up lines
My Portfolios
Track your stocks here!
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
BloggingStocks Partners
More from AOL Money & Finance
- Money
- Stock Screener
- Stock Quotes
- Stock Charts
- Banking
- Identity Theft
- DJIA
- Debt Management
- Loans
- Auto Loan
- Mortgages
- Taxes
- Retirement
- Insurance
- Small Business
- Earnings
- Dow Jones Industrial Average
- Tech News
- Tax Forms
- Tax Deductions
- Tax Credit
- Tax Audit
- Tax Advice
- Stock Ticker
- Stock Brokers
- Resume Builder
- Pig Flu
- Online Tax Filing
- Madoff
- Investing For Retirement
- Income Tax
- Historical Stock Prices
- GOOG
- ETF Investing
- Deals
- DailyFinance
- Crude Oil Prices
- Credit Score Calculator
- Common Tax Filing Mistakes
- AMT
- Zhu Zhu Pets
- Small Business Checking Account
- Crib Recall



Add your comments