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Microsoft is not happy

Operating system giant Microsoft Corp. (MSFT) became the first high profile victim of aggressive European Union antitrust enforcement (but it would not be the last).  Slapped with almost $2B USD in fines, the company was lashed for browser bundling and other tactics viewed by the European Commission regulators as anticompetitive.

Microsoft appealed the fine, but the results were less than what it was hoping for.  The appeals body -- the General Court of the European Union announced [PDF] this week its decision to cut the €899M fine to a mere €860M ($1.1B USD), a reduction of €39 (~$48M USD).

A Microsoft spokesperson told Reuters it was "disappointed with the court's ruling."

With the appeals exhausted, it now appears Microsoft will have to pay up to preserve the billions in yearly business it gets from the EU.  The ruling is the latest setback for Microsoft in Europe.  

The company has suffered from plenty of bad PR in Europe in the wake of UK court proceedings which detailed a sexual harassment by managers.  The incident led to several resignations and several civil suits, placing Microsoft squarely in the crosshairs of the EU state's active tabloid industry.

Sources: General Court of the EU [PDF], Reuters

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RE: I think I fugred it out...
By TheJian on 6/29/2012 5:28:22 AM , Rating: 2
You might want to have a conversation with Marc Andreessen if he thinks the fines were fair since his company got trashed by the bundling. They're not making it up as they go, they should have done this a LONG time ago. WE DID. :) And it was 20 MEMBER STATES that did it in the USA. So yeah, I'm thinking I can answer that for you. They'd act the same, since the USA already convicted them of being a monopoly:
"Judge Jackson issued his findings of fact[13] on November 5, 1999, which stated that Microsoft's dominance of the x86 based personal computer operating systems market constituted a monopoly, and that Microsoft had taken actions to crush threats to that monopoly, including Apple, Java, Netscape, Lotus Notes, Real Networks, Linux, and others. Judgment was split in two parts. On April 3, 2000, he issued his conclusions of law, according to which Microsoft had committed monopolization, attempted monopolization, and tying in violation of Sections 1 and 2 of the Sherman Act. Microsoft immediately appealed the decision.[14]"

NUFF SAID? To answer reclaimer - It was the SHERMAN ACT sections 1 & 2! Are we done defending MS yet guys? Digimonkey had a point, but I'd say they were absolutely fricken SMART. 16bil last year, and a 2bil fine. Who freaking cares. That's on top of all the damage and ill gotten gains from whacking netscape etc (one of my favorite companies at the time - I LOVED that browser). SCREW MS, Apple etc. They kill great companies and destroy great innovators. Fortunately Marc has a great mind and ended up successful despite MS. But that doesn't usually happen, as most are just destroyed by crap like this.

MS should be punished more and broken up per Judge Penfield's verdict in the good 'ole USA! If we just ENFORCED the law we'd find there is NO need for new ones that strip us all of our rights (patriot act etc...BS! Odramacare BS!). My care just went down the toilet, as no company will pay for insurance when the fine is cheaper (if they don't just ignore it). Good business (and the dreaded bottom line) says they'll axe my insurance in seconds. Only the senators get to choose from 8-10 docs...Where's the guy that goes postal when you need him? ;) Why aren't they using this system too? Oh, it sucks, and they're better than us lowly peons. My bad, I forgot. You can hate a company for doing it, but it's just good smart business. You can thank Obama :) TWO TRILLION - for this unfunded crapcare. Oh, and it's NOT a tax...HONEST...ROFL. But the court just ruled it a TAX! Umm...White lie dems? Didn't Odrama say my taxes wouldn't go up a SINGLE DIME if this crap passed and I made under 250,000?
Obama and Clinton pledge...LOL.
Axelrod...rofl. Uhh..umm...uhh..the uh...lines in Enforce the law, no need for new ones. This is unconstitutional. I'll be fined for having no insurance $780 or so. You're complaining about RETROACTIVE FINES? How about complaining about being fined so some illegal can get free medical. I won't pay for medical when the fine is less...LOL. I won't pay the fine because I don't have to :) But you still have to cover me. Thanks for the handout. See the problem? My insurance costs $4000 a year but the fine is ~$800...LOL. I'll take the $3200 profit right after my insurance gets cancelled by my employer (they're not dumb either).

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