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Tuesday, October 16, 2007

Microsoft dropping South Korea antitrust appeal
Michael Sung at 10:18 AM ET

[JURIST] Microsoft said Tuesday that it will withdraw its Seoul High Court appeal of a 2006 antitrust ruling by the South Korean Fair Trade Commission (KFTC) [official website]. Last July, Microsoft said it would comply with sanctions [JURIST report] imposed by the KFTC after the Seoul High Court rejected its request to stay the penalties pending an appeal [JURIST report; press release] and Microsoft later indicated that it has made changes to its product to meet the KFTC's requirements.

In 2005, the KFTC found that Microsoft [corporate website; JURIST news archive] had abused its dominant market position [JURIST report; KFTC findings, PDF]. The KFTC fined Microsoft the equivalent of $34 million and ordered it to provide consumers a version of Windows without bundled software. Reuters has more.






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