Report: EU Planning to Fine Microsoft - 27 Jun 2006

According to a report in "The Financial Times," the European Union (EU) will soon announce that it's decided to levy a daily fine of 2 million euros, or $2.51 million, on Microsoft for its inability to remedy its illegal business practices. The EU's European Commission (EC), which is responsible for antitrust oversight, hasn't commented on the report.

According to sources for "The Financial Times," the EC has already drafted a ruling in which it declares that Microsoft has failed to implement the requirements of the 2004 antitrust ruling. The 2004 decision included a stipulation that the software giant provide rivals in the server business "complete and accurate" technical information about building software products that can interoperate with Windows Server. Microsoft has been waffling on that requirement for more than two years and has repeatedly submitted documentation that the EC classified as almost completely useless.

"The Financial Times" also reported that the EC antitrust directorate will present the draft ruling to national competition authorities early next week. European Commissioner for Competition Neelie Kroes is expected to formally make the ruling public on July 12.

The $2.51 million daily fine would be retroactive to December 2005. The EU previously fined Microsoft about $625 million as part of the March 2004 decision.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish