A Luxembourg-based European courton Wednesday turned down an appeal by Microsoft to delay sanctions imposed on the software giant by the European Commission
Published:
23 December 2004 y., Thursday
A Luxembourg-based European courton Wednesday turned down an appeal by Microsoft to delay sanctions imposed on the software giant by the European Commission (EC), the executive arm of the European Union (EU).
The European Court of First Instance found Microsoft had not shown it could suffer irreparable damage as a result of sanction simposed in March after the EC found it had abusively wielded its Windows operating system monopoly.
The EC had demanded that Microsoft change its business practices and levied a fine of 497 million euros (about 613 million US dollars), the biggest ever imposed by the EC in an anti-trust case.
Microsoft demanded the sanctions to be suspended until the case receives a civil court hearing.
Welcoming the court ruling, the EC said in a statement that the judgement means the sanctions "become effective immediately."
Implementation of the EC's decision "will not only benefit consumers of computer products in terms of choice of media players and choice of work-group servers, but will also stimulate innovation," the statement said.
Šaltinis:
chinaview.cn
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The economies of central Europe face difficult times in coming years owing to a slowdown in the pace of reforms and a labour shortage, a senior OECD official said on Monday
more »
Prime Minister Marek Belka voiced concern Thursday about the steady appreciation of Poland's currency, the zloty, against the dollar and the euro, saying it was "potentially quite worrying"
more »
The Lithuanian government has rejected a request by Russian oil giant Yukos that would enable it to delay an increase in its stake in the Lithuanian oil refinery Mazeikiu Nafta, the government's information bureau said
more »
In 2005, the program of support for small business will be put into effect, Andrei Sharov of the Russian Ministry of Economic Development and Trade said Thursday
more »
To improve customer service and save money, BT is having Nortel bring Voice over IP to its U.K. call centers
more »
Vladimir Shkolnik reported on execution of the State Development Program of Kazakhstan Sector of the Caspian
more »
Parliament of Hungary passed a controversial amendment to the central bank act
more »
Gazprom, Russia's gas monopoly and the world's biggest gas producer at the same time, can easily finance the acquisition of Yukos’ main production unit Yuganskneftegaz by tapping international markets
more »
Gradual reduction of the tax burden on economic entities will continue next year, together with easing taxation procedures, Finance Minister of Uzbekistan said Tuesday
more »
Hungary's government has pushed through a law to undermine the independence of the central bank
more »