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Microsoft To Pay $3 Million Penalty for Selling Software to Sanctioned Companies in Russia, Cuba, Iran and Syria

"The settlement amount reflects Office of Foreign Assets Control s (OFAC) determination that the conduct of the Microsoft Entities was non-egregious and voluntarily self-disclosed, and further reflects the significant remedial measures Microsoft undertook upon discovery of the apparent violations," it said in a statement. Microsoft To Pay $3 Million Penalty for Selling Software to Sanctioned Companies in Russia, Cuba, Iran and Syria.

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