Friday, March 24, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Delivers Telemetry-free Windows 10 To China
Samsung Plans To Release New Curved TVs
ASUS STRIX GD30 Gaming Desktop Released
New Alcatel A30 and Moto G5 Plus Available On Amazon
CIA Used Sophisticated Hack Techniques To Apple Devices: WikiLeaks
Samsung Adds 4G LTE Capability to Gear S3 Classic
Micron's Revenue Increased Due To Strong Memory Chip Sales
U.S. Senate Puts ISP Profits Over Your Privacy
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > New Fin...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, July 04, 2006
New Fines For Microsoft


European regulators have given their backing to the European Commission to slap huge new fines on Microsoft for failing to comply with a 2004 antitrust ruling, according to an AFP reprort citing anonymous sources.

The fines, which could go as high as two million euros (2.56 million dollars) a day, will be backdated to December 15, and could therefore reach as much as 400 million euros.

Representatives of regulators in EU members states meeting Monday in Brussels voted unanimously in favour of the fines, two sources said, on condition of anonymity.

EU national regulators are to meet again next Monday to discuss the size of daily fines that could be imposed on Microsoft starting in the coming weeks.

An EU source said that the European Commission would take a final decision on the fines on July 12 or 19, although the first date is more likely.

After a five-year investigation, the commission took its biggest competition decision ever in March 2004 in ruling that Microsoft had broken EU law by using a quasi-monopoly in personal computer operating systems to thwart rivals.

The European Union's executive arm fined the software group a record 497 million euros for abusing its dominant market power.

It also ordered the company to sell a version of its Windows operating system without its Media Player software and to divulge information about Windows needed by makers of rival products.

Although Microsoft has paid the fine, it has fought tooth-and-nail over the information it is supposed to divulge to competitors.

Frustrated that Microsoft has not complied with the ruling, Brussels threatened to slap new daily fines on Microsoft, backdated to December 15 -- its deadline to respect the ruling.

But Microsoft says that it has released reams of key computer code needed by programmers of rival products and claims therefore that further fines go too far.


Previous
Next
New Slim Qwerty Smartphone by Samsung        All News        Konica Minolta Prototypes New White Organic EL Light Emitting Device
Universal Music "Reboots" CD Format     General Computing News      Konica Minolta Prototypes New White Organic EL Light Emitting Device

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Announces Patent License Agreement with Toyota
Adobe, Microsoft To Offer Solutions That Share Sales Data
Microsoft and Steelcase Present Concepts For The Future Workplace
Microsoft's Outlook.com Premium Emal Service Now Available
Microsoft To Give A Face Lifting To Windows 10 With 'Project NEON'
Microsoft Edge Will Soon Get New Features
Cloud Services Boost Microsoft's Sales And Profit
Microsoft Announces Intune for Education And New Windows 10 PCs for School
Microsoft, NXP Semiconductors, IAV and Auto Mobility Partners showcase Technologies For Safe And Personalized Automated Friving at CES 2017
Microsoft Partners with TomTom Mapping Company On Azure
European Commission Approves Acquisition of LinkedIn by Microsoft, Subject to Conditions
Microsoft Is Careful With New Chatbot Zo, Now Available For Testing

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .