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Thursday, May 09, 2013

Microsoft appealed EU antitrust fine
Kyle Webster at 12:00 AM ET

On May 9, 2008, Microsoft appealed a massive EU antitrust fine for failing to comply with a 2004 ruling. The ruling found that Microsoft had abused its monopoly power and required the company to share technical information with competitors and lower its prices. In October 2007, Microsoft announced it was dropping an appeal to the ruling and would comply. The record fine, €899 million (USD $1.3 billion), was issued in February 2008 due to a finding that the company had not adequately complied with the 2004 ruling. An EU court upheld the fines in June 2012.


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