KnightMare
02-27-2008, 07:13 AM
Microsoft fined 1.4 Billion dollars by the EU (http://news.bbc.co.uk/2/hi/business/7266629.stm)
Front Page Article (http://www.tribalwar.com/news/5309-Microsoft-fined-14-Billion-dollars-the.html)
The European Commission has fined US computer giant Microsoft for defying sanctions imposed on it for anti-competitive behaviour.
Microsoft must now pay 899 million euros ($1.4bn; 680.9m) after it failed to comply with a 2004 ruling that it took part in monopolistic practices.
The ruling said that Microsoft was guilty of not providing vital information to rival software makers.
EU regulators said the firm was the first to break an EU antitrust ruling.
An investigation concluded in 2004 that Microsoft was guilty of freezing out rivals in server software and products such as media players.
The European Court of First Instance upheld this ruling last year, which ordered Microsoft to pay 497 million euros for abusing its dominant market position.
Front Page Article (http://www.tribalwar.com/news/5309-Microsoft-fined-14-Billion-dollars-the.html)
The European Commission has fined US computer giant Microsoft for defying sanctions imposed on it for anti-competitive behaviour.
Microsoft must now pay 899 million euros ($1.4bn; 680.9m) after it failed to comply with a 2004 ruling that it took part in monopolistic practices.
The ruling said that Microsoft was guilty of not providing vital information to rival software makers.
EU regulators said the firm was the first to break an EU antitrust ruling.
An investigation concluded in 2004 that Microsoft was guilty of freezing out rivals in server software and products such as media players.
The European Court of First Instance upheld this ruling last year, which ordered Microsoft to pay 497 million euros for abusing its dominant market position.