diff --git a/README.MD b/README.MD
index 65264f7a..5c39a2ba 100644
--- a/README.MD
+++ b/README.MD
@@ -78,7 +78,8 @@ Then, simply link against our library (together with `libtbb` and `libtbbmalloc`
 
 ## Licensing
 
-KaMinPar is free software provided under the GNU General Public License (GPLv3).
+License: MIT
+
 If you publish results using our algorithms, please acknowledge our work by citing the following paper ([pdf](http://algo2.iti.kit.edu/seemaier/deep_mgp/)):
 
 ```
@@ -101,4 +102,4 @@ If you publish results using our algorithms, please acknowledge our work by citi
 }
 ```
 
-Detailed experimental results published in our paper are available [here](http://algo2.iti.kit.edu/seemaier/deep_mgp/).
\ No newline at end of file
+Detailed experimental results published in our paper are available [here](http://algo2.iti.kit.edu/seemaier/deep_mgp/).