EU Court Orders Microsoft to Pay up Most of Record Fine
June 28, 2012 2:57 AM
comment(s) - last by
Microsoft is not happy
Operating system giant Microsoft Corp. (
) 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.
appealed the fine
, but the results were less than what it was hoping for. The appeals body -- the General Court of the European Union
[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
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.
General Court of the EU [PDF]
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RE: I think I fugred it out...
7/2/2012 3:47:32 AM
I thought about the argument that the bigger, better company killing the smaller company and what i realized is that they don't. It is us consumer who killed these brick and mortar stores. The bigger corporation merely offer the option, we consumer pulled the trigger. Cos the fact of the matter is, in the end, we all have the choice to purchase from anybody we wanted and at whatever price we like to pay. But in a culture where everyone compare prices before that make a purchase, company like Amazon succeed because they are meeting a demand. And that ultimately, we allow that to happen...
"The Space Elevator will be built about 50 years after everyone stops laughing" -- Sir Arthur C. Clarke
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