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Microsoft fined $613 million dollars...
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Old 24 Mar 2004, 07:04 PM   #1 (permalink)
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Default Microsoft fined $613 million dollars...

"BRUSSELS, Belgium - European regulators Wednesday slapped Microsoft with a record $613 million penalty for anticompetitive business practices and ordered the software giant to strip media software from its popular operating systems.

The European Union's sanctions go well beyond the U.S. antitrust settlement, and set up what could be another lengthy court battle.

Microsoft called the EU’s decision “unwarranted and ill-considered,” and said it expected to ask a judge to suspend the order pending appeal.

The move, together with an order to open its software for running business computer networks, could give rivals a leg up in their fight to compete with Microsoft and force fundamental changes in how the world’s biggest software maker does business.

“We are simply assuring that anyone who develops new software has a fair opportunity to compete in the marketplace,” EU Competition Commissioner Mario Monti said.

Monti said he limited the order to Europe in deference to regulators in the United States and other countries, but that doing so “will not unduly undermine the effectiveness,” given the size of the European market. Microsoft, which had $32 billion in revenue last year, does about 20 percent of its business in Europe, the Middle East and Africa."

Full story here.

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Well... $613 million is a LOT of money, but, that's something that only Microsoft can say "whatever" to. I'm still a little misunderstood on why exactly they're being fined this much...
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Old 25 Mar 2004, 02:03 AM   #2 (permalink)
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Because their company has grown too big and companies like Apple are complaining as they have NO CHANCE IN HELL of ever competing with 'em. Spoilt brats....Apple that is.

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Old 25 Mar 2004, 09:44 AM   #3 (permalink)
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I find that fine too dubious. Too much money and this simply implies that probably the EU is a little tight on budget and no better way than sucking it from Microsoft. But that money won't touch their pockets not even in 10 years. Appeals and more appeals will come out after this so don't expect the EU to see a cent out of that.
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Old 10 Apr 2004, 08:44 AM   #4 (permalink)
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Apple SHOULD be pissed.
Gates made Windows while working FOR Apple and it should belong to THEM.
He stole it from them.
Anything he created while working for Apple under the contract he had was property of Apple.
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Old 10 Apr 2004, 09:50 AM   #5 (permalink)
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Quote:
Originally Posted by HULK IS JOB!
Apple SHOULD be pissed.
Gates made Windows while working FOR Apple and it should belong to THEM.
He stole it from them.
Anything he created while working for Apple under the contract he had was property of Apple.
I never knew that.

Gates is a smart coniving bastard. A rich one though.

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