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22ND NOV 2008 
    
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From BBC News
 
   Microsoft Fined 280m Euro
Microsoft fined 280m euro


Microsoft has been fined 280.5m euros (£194m; $357m) by the European Commission for failing to comply with an anti-competition ruling.

The giant software company will appeal against the fine which follows a long-running dispute between it and EU regulators.

The move follows a landmark EU ruling in 2004, which order the US firm to provide rivals with information about its Windows operating system.

EU regulators have also warned Microsoft that it could face a new fine of 3m euros per day.

The daily fines will come into force from 31 July if Microsoft fails to supply “complete and accurate” technical information to rival developers, the EU said.

Brad Smith, Microsoft’s general counsel insisted the company had met the commissions demands and said it would appeal the decision.

"This is not about compliance, this is about clarity," Mr Smith explained during a conference call.
Mr Smith said Microsoft would argue that the commission’s original demand was too vague, and that the company had since done everything it could to comply with the ruling and provide all the information that was required.

Microsoft expected to deliver the final bundle of information for use by rival software firms on 18 July, he said, well ahead of the EC’s deadline of July 24.

Provided by The Student Zone (United Kingdom)

 
 
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