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[Reuters] EU fines Microsoft 899 million euros

post #1 of 36
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http://uk.reuters.com/article/hotSto...00634320080227

Quote:
BRUSSELS, Feb 27 (Reuters) - The European Commission fined Microsoft (MSFT.O: Quote, Profile, Research) a record 899 million euros ($1.35 billion) on Wednesday for defying sanctions imposed on the software giant for antitrust violations, far exceeding the original penalty.

The Commission, executive arm of the European Union, has now fined Microsoft 1.68 billion euros for its original violation and for failing to comply with sanctions, more than any other firm. It said no other company had ever ignored sanctions.

"Microsoft was the first company in 50 years of EU competition policy that the Commission has had to fine for failure to comply with an antitrust decision," Competition Commissioner Neelie Kroes said in a statement.

The Commission said in a landmark 2004 ruling -- upheld by an EU court last year -- that Microsoft had failed to provide needed interoperability information to rival makers of "work group server" software.

That software operates printers and sign-ons in small office groups, but to work must connect with desktop Windows machines.

Microsoft was ordered to provide interoperability information. Microsoft said it would, but only for large royalties. The Commission said that was unreasonable.

"I hope that today's decision closes a dark chapter in Microsoft's record of non-compliance with the Commission's March 2004 decision," Kroes said.

After fining Microsoft 407 million euros in 2004, the Commission fined it another 280.5 million euros in July 2006 for failing to comply with the sanctions through June 21, 2006. (Reporting by David Lawsky; Editing by Dale Hudson)
OUCH !
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post #2 of 36
OUCHY MAMA!!! Oh well they hav money to pay for it. Its probly there petty cash.
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post #3 of 36
Quote:
Originally Posted by loony View Post
OUCHY MAMA!!! Oh well they hav money to pay for it. Its probly there petty cash.
You'd be suprised...I would doubt that even M$ will have $1.3bn euro at there disposal.
post #4 of 36
if they didn't comply with it before, what makes you think they will comply with it now? microsoft knows they have the upper hand, Europe can't ban microsoft, and they really cant do much to hurt its business.... honestly, what are they going to do? forcefully switch everyone to linux?

I'll bet you 5 bucks microsoft never gives the commission 1 cent.
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post #5 of 36
Thread Starter 
Hmmm Rommel, sorry to bring this up but isnt your PC project name kinda...well erm...offensive

And back to topic, I do believe Microsoft wont pay anything, which means theyll be slapped with another fine later this year lol.
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post #6 of 36
um yaeh just a little.... anyways. its not the 1st time this has happened, and likely wont be the last.
    
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post #7 of 36
Quote:
Originally Posted by Moynesy View Post
Hmmm Rommel, sorry to bring this up but isnt your PC project name kinda...well erm...offensive
yeah, sorry lol I was intoxicated when i made my account. I'll go change it
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post #8 of 36
So whats going to happen when Microsoft doesn't pay them? Just fine them more money they'll never get? lol
    
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post #9 of 36
All I can do is laugh.
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post #10 of 36
Europe is trying to take money from MS to rule the world!
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