Tuesday, May 31, 2005

Microsoft faces fines as EU deadline looms

An AFP newswire report on Yahoo! News:

The European Union's executive arm warned that Microsoft could face huge fines in coming months if the US software giant does not meet a 2004 antitrust ruling by a midnight deadline.

The European Commission, which polices competition issues in the EU, has been dissatisfied with the company's suggestions so far to comply with the ruling because the company is, in the view of the regulators, maintaining its stranglehold on the market.

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