Tuesday, June 28, 2005

Tech cos to fight piracy, black market in Brazil

SAO PAULO, Brazil (Reuters) - Seven of the world's major electronics and computer goods companies including Microsoft Corp. (Nasdaq:MSFT - news) and Intel Corp. (Nasdaq:INTC - news) joined forces on Tuesday to fight Brazil's vast black market and piracy, which they say cost the country more than $40 billion a year in lost taxes.

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