Hungarian Regulators Raid Microsoft Offices

Law360, New York (July 26, 2007, 12:00 AM EDT) -- Hungarian competition authorities have raided the offices of Microsoft Corp., looking for evidence that the software giant abused its dominant market position.

Gazdasági Versenyhivatal, Hungary's antitrust regulator, said on Thursday that it had raided the Hungary subsidiary of Microsoft on July 19, investigating suspicions that the company had engaged in anti-competitive behavior.

GVH said it suspected the company had used conditions and favors to make selling Microsoft products more lucrative for distributors.

“The competition authority on July 19 carried out an inspection on site without previous...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.