Wednesday, July 12, 2006

EU Fines Microsoft $357.3M for Defiance

David Lawsky and Sabina Zawadzki writes for Reuters:

European Union regulators fined Microsoft 280.5 million euros ($357.3 million) on Wednesday for defying a 2004 antitrust ruling, and warned the company to comply or face bigger fines from next month.

The tough new penalty is the first of its kind and comes on top of a record 497 million euro fine the Commission imposed in its landmark antitrust decision against Microsoft in March 2004.

More here.

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