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7/12/06

EU fines Microsoft 280 million euros in antitrust standoff

Turkishpress.com:

"EU fines Microsoft 280 million euros in antitrust standoff
07-12-2006, 11h16
BRUSSELS (AFP)

The European Commission has slapped Microsoft with a new fine of 280.5 million euros for failing to fully respect a 2004 antitrust ruling, but the software giant vowed to appeal.

Raising the pressure on the US software giant, the European Union competition watchdog also threatened additional fines of three million euros (3.82 million dollars) a day from the end of the month if the company continued to defy the ruling."

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