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EU settles affairs with Microsoft, no fines this time
Momentous moment alert -- the EU has just closed the book on its lengthy investigation into potential Microsoft antitrust violations. Lasting through nearly the entire noughties, The European Commission's dissatisfaction with what it perceived as monopolistic practices from Redmond has resulted in some hefty fines over the years, but the conclusion to hostilities has been pleasingly amicable. In exchange for Microsoft's legally binding promise to offer up to 12 other browsers alongside its own, the European executive will give the company a clean bill of competition-friendly health. All this means is that the ballot screen will be around on Windows operating systems for at least the next five years (starting in mid-March 2010), which should give the EU plenty of time to think up the next batch of allegations to throw Microsoft's way.
Microsoft slammed by European Commission with $1.35b fine
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]
