Wednesday, February 27, 2008

Microsoft must pay $1.4bn to EU

An investigation concluded in 2004 that Microsoft was guilty of
freezing out rivals in server software and products such as media
players.
The European Court of First Instance upheld this ruling last year,
which ordered Microsoft to pay 497 million euros for abusing its
dominant market position.
"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.
Last week, the firm announced that it would open up the technology of
some of its leading software, including Windows, to make it easier to
operate with rivals' products.
"As we demonstrated last week with our new interoperability principles
and specific actions to increase the openness of our products, we are
focusing on steps that will improve things for the future," Microsoft
said.
(c) British Broadcasting Corporation

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