EU fines Microsoft

March 1, 2008

Microsoft was fined a record 899 million euros ($1.35 billion) by the European Commission for using high prices to discourage software competition in the latest sanction in their long-running battle.

The executive arm of the European Union said the U.S. software group defied a 2004 order from Brussels to provide the information on reasonable terms. Microsoft has now been fined a total of 1.68 billion euros by the EU for abusing its 95% t dominance of PC OS through Windows.

Microsoft said $1.35 billion fine imposed by the European Commission concerned “past issues” and that it was now looking to the future.

“We are reviewing the Commission’s action. The Commission announced in October 2007 that Microsoft was in full compliance with the 2004 decision, so these fines are about the past issues that have been resolved,” Microsoft said in a statement.

“As we demonstrated last week with our new interoperability principles and specific actions to increase the openness of our products, we are focusing on steps that will improve things for the future,” Microsoft said.

Article link or Microsoft must pay $1.4bn to EU!


One Response to “EU fines Microsoft”

  1. wattsy Says:

    wow, thats a lot of money for a fine. Microsoft can definitely afford to pay those fines with there revenues. I don’t like how they made there software prices high to discourage competition. I think competition is needed in the business environment. Something that comes to my mind when thinking of competition is dealing with cell phones. I wish there were more cell-phone companies in Canada to make more competition – as we have some of the highest charges for cell phones in the country.

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