EU court upholds sanctions against Microsoft

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.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Megafon fall-out hits Commerzbank

Commerzbank and its chief executive, Klaus-Peter Müller, risk being dragged into the struggle for control of Megafon, one of Russia's largest mobile phone operators more »

Payment with Visa cards up 46% to USD 865 million in 2003

Hungarian Visa cardholders made purchases totaling USD 865.2 million using their Visa cards in Hungary last year more »

Anticorruption in Transition 2

A new World Bank report released reveals some encouraging signs that the magnitude and negative impact that corruption exerts on business may be declining in many countries of the Europe and Central Asia region more »

The amendiment of law on bankruptcy

Banks and government agree on need to boost creditors' rights more »

Investment summit

Hungarian Government officials and executives of key foreign investors reviewed economic policy and its bearing on foreign investment at a meeting of the Investors’ Council in Parliament last Tuesday more »

Hungary’s export volume

Hungary’s export volume rose 18.4% in January compared to a year earlier, while imports rose 12.1%, the Central Statistics Office (KSH) reported more »

An administrative arrangement

OLAF and Europol strengthen cooperation in combating financial crime more »

EC sees state of Czech economy as critical

The European Commission has expressed serious worries about the state of Czech public finances more »

More Investment Projects

Business is booming in Poland's special economic zones more »

Czech central bank unanimous on rates

The Czech central bank said Tuesday its decision to keep interest rates unchanged in late March was approved unanimously by the bank's board more »