EU fines Microsoft another $1.3 billion
EU fines Microsoft another $1.3 billion
After ruling that Microsoft has failed to comply with a 2004 antitrust order, the European Union has added $1.3 billion to the fines already owed by Microsoft. That brings the total to about $2.5 billion, or just slightly more than pocket change to Bill Gates.
A few years back, EU regulators had decided that Microsoft was abusing its position as the number one operating system provider by bundling software with Windows that would decrease competition. Wednesday the EU ruled that Microsoft hasn’t done enough to remedy the situation
Microsoft released a statement pointing out that in October of 2007, the EU found that the company was “in full compliance with the 2004 decision,” meaning that the fine relates to past misdeeds. This could explain why Microsoft made such a big show of launching an open standards initiative last week.
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