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EU fines Microsoft record $1.4bn | Creation Robot
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EU fines Microsoft record $1.4bn

February 27th, 2008 · No Comments

Oh Microsoft, when will you change your business practices? Although this is hardly a drop in the ocean for any company this will not unduly hurt MS. It will mean that MS will not turn a profit in the EU for the next five years or so. Will it change the way MS runs its business? In the short term, no. As the upper management and culture of MS has not changed. In the long term? It might, MS knows they have to adjust eventually and this is another pointer.

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March 2004: EU fines Microsoft 497m euros and orders it to release key Windows code to rival software developers
September 2004: Microsoft tries to have the ruling temporarily suspended
April 2006: Microsoft appeals the ruling in the European Court of First Instance
September 2007: Microsoft loses its appeal
February 2008: Microsoft fined 1.4b for not complying with the 2004 ruling

Microsoft must now pay a record 899m euros ($1.4bn; £680.9m) after it failed to comply with a 2004 ruling that it abused its position.

The ruling said that Microsoft was guilty of not providing key code to rival software makers.

EU regulators said the firm was the first to break an EU anti-trust ruling.

The fines come on top of earlier fines of 280m euros imposed in July 2006, and of 497m euros in March 2004.

“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.

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Category: Consumerism · IT · Software

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