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

The Connection of Kazakhstan to the Baku-Ceyhan Pipeline

Russian deputy foreign minister Viktor Kalyuzhny believes that the reason for the connection of Kazakhstan to the Baku-Ceyhan pipeline is the rigid tariff policy of Russia more »

A logical next step

Lithuania’s stock exchange now controlled by OMHex, the Swedish-Finnish exchange more »

Bank of America to cut 12,500 jobs

Bank of America Corp., newly merged with FleetBoston Financial Corp., said Monday it will cut 12,500 jobs - or nearly 7 percent of its work force - over the next two years more »

TDI to invest EUR 100 million in Central Europe

Trigon Direct Investments (TDI), the private equity fund set up by a Scandinavian investment bank Trigon Capital (TC), intends to invest up to EUR 100 million in Central and Eastern Europe more »

Bank PKO BP poised to invest zł.400 million on IT

PKO BP, the largest national retail bank will devote zł.400 million this year on IT related investments more »

Cameco Corp. and partner to develop Inkai uranium deposit in Kaz

Cameco Corp. and the National Atomic Co. of Kazakhstan announced Thursday that they will develop a uranium deposit in Kazakhstan more »

The Gold and Foreign Currency Reserves

Russia's gold, forex reserves were at $83.7 bln on March 26 more »

BS/2 will play the master role at ATMIA conference

Penkių kontinentų bankinės technologijos (BS/2) will play the master role at ATMIA Central and Eastern Europe conference, which is organised for the first time in Lithuania in September. more »

The Battle

The court-room drama will take place in the Court of Justice in Luxembourg more »

The criteria for euro adoption

Czech central bank governor calls for change in euro adoption criteria more »