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

Carmakers post results

Two major German carmakers, BMW and Audi, released their half-year results this week more »

The Quarterly Forum

Comparisons Made Between Mexico, China and Eastern Europe for Electronics Manufacturing by TFI more »

The Highest Growth Rate

Lithuania has the Fastest Growing Economy in Europe, According to The Economist more »

Slovak Officials Want Euro by 2009 to Boost Economy

Slovakia, the fourth-largest country set to join the European Union in May, aims to adopt the euro by 2009 to boost the economy and cut companies' costs more »

Sweden to get Toshiba mail-sorters

Toshiba Corp. said Monday it has won a $12 million contract to supply the Swedish postal service with advanced mail-sorting equipment more »

Restart of Iraqi oil exports will not affect Kazakhstan

Kazakh President Nursultan Nazarbayev considers that the renewal of Iraqi oil supplies to the world market will not influence hydrocarbon exports from Kazakhstan more »

The prediction

The Estonian Finance Ministry predicts that the planned lowering of the personal income tax rate and increase in tax-exempt income will cause more »

Estonian timetable

Estonia wishes to join the European Monetary Union (EMU) and adopt the euro currency as soon as possible more »

Kallis Would Tax Passengers on Ships to Estonia

Parliamentarian and chairman of the Christian Democrats, Bjarne Kallis, wants to institute a traveller's tax on all ships that ply the route back and forth to Estonia more »

The frozen loan

IMF REPRESENTATIVE TO MOLDOVA SAYS CHISINAU LOST 2003 CHANCE more »