View Full Version : EU Hits Microsoft With Record $613M Fine

24-03-04, 17:58
BRUSSELS, Belgium - The European Union declared Microsoft Corp. guilty of abusing its "near monopoly" with Windows to foil competitors in other markets and hit the software giant with a record $613 million fine Wednesday.

Yahoo! News (http://story.news.yahoo.com/news?tmpl=story&ncid=&e=3&u=/ap/20040324/ap_on_bi_ge/eu_microsoft)

Bill Gates, chairman of Microsoft Corporation, USA, speaks during the Annual Meeting of the World Economic Forum in Davos, Switzerland, Friday, Jan. 23, 2004. Microsoft Corp. accused the European Union on Tuesday, March 23, 2004, of going too far in seeking a record fine of about $615 million against the software giant for alleged antitrust abuses, saying it was being penalized for behavior permitted in the United States. (AP Photo/ Keystone, Alessandro della Valle)

24-03-04, 18:03
Sorry, double post...

Here's another article on this:

BRUSSELS, Belgium (CNN) -- The European Union has fined Microsoft a record 497 million euros for violating anti-trust laws.

CNN Correspondent Jim Boulden explained the background to the case and what effect it will have for consumers.

CNN.com (http://edition.cnn.com/2004/BUSINESS/03/24/microsoft.qanda/)