Latest in Eu

Image credit:

Microsoft slammed by European Commission with $1.35b fine

Share
Tweet
Share
Save

Sponsored Links

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.

[Thanks to everyone who sent this in]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

Engadget’s guide to Home Entertainment

Engadget’s guide to Home Entertainment

View
Nubia’s $529 dual-screen phone is now available in the US

Nubia’s $529 dual-screen phone is now available in the US

View
Leaked 'Fortnite' Chapter 2 trailer showcases a new map and boats

Leaked 'Fortnite' Chapter 2 trailer showcases a new map and boats

View
Microsoft starts inviting people to try Project xCloud

Microsoft starts inviting people to try Project xCloud

View
Twitter temporarily banned pro-Trump meme creator Carpe Donktum

Twitter temporarily banned pro-Trump meme creator Carpe Donktum

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr