Monday, March 22, 2004

Slashdot | Microsoft To Be Fined E500M By European Union?

Slashdot | Microsoft To Be Fined E500M By European Union?: "'According to a Reuters story, the European Commission is in the process of fining Microsoft 497 million Euros ($613 million). The most important reason for the fine was the refusal by Microsoft to share more information about its products with competitors. Mario Monti, the EU competition commissioner, decided to impose the fine after talks with Microsoft broke down last week.' The last estimate was a mere 100 million Euros, and it's noted: 'If the full European Commission backs the fine as expected on Wednesday it would exceed the 462 million euro penalty imposed on Hoffman-La Roche AG in 2001 for being ringleader of a vitamin cartel.'"

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