E.C. Nails Microsoft With €280.5M Fine

Law360, New York (July 12, 2006, 12:00 AM EDT) -- European antitrust regulators slapped Microsoft Corp. with a landmark €280.5 million—$357 million—fine for the software giant’s perceived non-compliance with technical disclosure requirements the European Commission imposed as part of a 2004 decision that Microsoft abused its dominant market position.

“This is the first time ever, in the 49 year history of the European Union, that the Commission has had to fine a company for failure to comply with an anti-trust decision,” said E.C. Competition Commissioner Neelie Kroes. “I hope that it is also the last.”...
To view the full article, register now.