EU fines Microsoft 1.35 Billion Dollars for Non-Compliance
February 27, 2008 | 11:19 am | by t-blender |Rate It:
EU has fined Microsoft $1.35 billion (899 million euros) for failing to comply with the 2004 antitrust order. It is highest ever fine charged by EU and it is also the first time ever when EU has fined a company because of non-compliance with an antitrust decision.
The first decision in this antitrust case was given in 2004 citing that Microsoft withheld needed interoperatibility information to rival software companies which prevented them to make compatible software to Windows. The commision ordered Microsoft to provide those information which Microsoft agreed to but charged high royalty fees on ground of innovation. Further in investigation these high royalty fees were found unresonable and was order to lower them. Microsoft’s non-compliance to this decision for last 3 years caused the fresh fine of $1.35 billion. So far, Microsoft has been fined 1.68 billion euros in this case.
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