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EU Fines Microsoft $1.3 Billion

jd writes "The EU has slammed Microsoft with a fine of €899 million ($1.337 billion at current exchange rates) for perpetuating violations of the 2004 antitrust ruling.The fine is the sum of daily fines running from June 21, 2006 to October 21, 2007. It is the first company ever to be fined for non-compliance. The amazing thing is that the EU now expects Microsoft to comply and 'close a dark chapter' in their history. The EU has opened new investigations into Microsoft's practices and gave a lukewarm response to the company's turning over yet another new leaf last week."

4 of 699 comments (clear)

  1. awesome by losethisurl · · Score: 0, Redundant

    lol, 1337 billion

    --
    Seriously, is it supposed to look like that?
  2. Re:at current exchange rate by Waffle+Iron · · Score: 0, Redundant

    Why discount Microsoft 20 million ?

    To qualify for the discount, Microsoft said that it was a student.

  3. Business-Friendly EU by BECoole · · Score: 0, Redundant

    This really makes the EU look like a good place to do business. Not.

  4. Re:1.3 billion by ZenDragon · · Score: 0, Redundant

    I don't understand how the bulk of you could be so naive. Maybe I'm just a bit cynical but you cant possibly comprehend enormity of 1.3 billion dollars until you have it. I woudl be willing to bet that there are people with their hands in this pot. I personally could care less about who, more power two them. Regardless, none of us have any grounds on which to deny that so this argument is essentially pointless.