Microsoft to appeal $1.35B EU antitrust fine
[Thanks, Hosain]
Posts with tag european union
It may have won approval from the U.S. Federal Trade Commission and NAVTEQ shareholders alike, but it looks like the EU's European Commission needs a bit more time to think over Nokia's acquisition of the company, and it's now launched an "in-depth" probe into the matter. According to Reuters, the Commission said that the "proposed merger raises serious doubts with regards to ... competition concerns," although it was quick to add that the decision to open the inquiry does not prejudge the result of the probe. Among other things, the probe will apparently attempt to asses whether the purchase would affect the cost of maps for other companies providing navigation services on cellphones. If all of this has a familiar ring, it should, because it wasn't all that long ago that the EU launched a similar probe into TomTom's similar acquisition of map-maker Tele Atlas.
It's a good thing Microsoft has tons and tons of money, because they keep finding themselves in a position where they've got to pay out -- big time. Such is the case today, where the European Commission has fined the monolithic company €899 million (or $1.35 billion) due to failure to comply with a 2004 ruling on monopolistic business practices. The Commission found that the folks in Redmond had been guilty of -- gasp! -- freezing out competition by not providing "vital information" to rival software companies. This isn't the first time it's had to pay, as the company already dropped $357 million on the case back in 2006. "Microsoft was the first company in 50 years of EU competition policy that the Commission has had to fine for failure to comply with an antitrust decision," said Competition Commissioner Neelie Kroes. Perhaps Ballmer and co. saw this one coming when they went "open" last week, though we're fairly confident this kind of fine carries only the slightest sting for the software giant.
We're not exactly sure why the EU feels the need to track sheep and goats across Europe, but it just voted to make electronic tagging mandatory by the end of 2009. The move comes after a two-year delay at the insistence of the UK, and it means that all sheep and goats will be implanted with a €1 ($1.43) tag that will allow anyone with a €200 ($286) handheld reader to get a complete history of the animal. We're pretty certain that infringes on sheep / goat privacy rights -- quick, someone start a petition!
Considering just how well the first round of RFID ePassports withstood subversion attempts from hackers, we're amazed that anything needs to be tweaked at all. Sarcasm aside, NXP is all set to make Germany the first country on the planet to utilize second-generation ePassports, as the EU-set deadline to migrate doesn't pass until June of 2009. The new passports will include a SmartMX chip that allows biometric data to be "securely stored on the passport," and the 80kb of onboard storage also holds the individual's photo, name, and date / country of birth. Of note, NXP even goes so far as to gloat about the chip's ability to "guard against attack scenarios," but we'll be interested to see how long it takes the oh-so-motivated hacking community to find a backdoor when these launch later this month.
Qualcomm finding itself in more legal trouble? Say it ain't so! Sure enough, the chip maker is now facing even more heat as the European Commission "has launched formal antitrust proceedings" against it after "mobile phone manufacturers complained it charged far too much for vital technology licenses." The move had reportedly been expected for some time, and while the Commission noted that this would be considered "a matter of priority," no deadline was immediately set for a resolution. Apparently, Qualcomm feels that mobile phone makers were trying to "stifle the competition that it brought to the market," and while the probe could eventually be scrapped, the other outcomes are likely to involve Qualcomm coughing up some dough unless it proves that the allegations were without merit.
Well they've been sniffing around the chip giant for quite some time now, but the European Commission has finally issued "formal charges against Intel for allegedly using illegal tactics against smaller rival Advanced Micro Devices," and according to a spokesperson for the EC, "the statement of objections has been sent." Supposedly, the EU's top antitrust regulator "has spent years investigating Intel's tactics to determine whether it acted unfairly to preserve its dominance over AMD," and now the time has finally come for the hammer to drop. Sadly, further details about the grievances have yet to be divulged, but we doubt Intel, who declined to comment on the situation, will be brushing this off its shoulders anytime soon.








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