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
Group will pay 55.3 billion Kc for 51 percent of telephone company
more »
Number of Payment Cards Exceeds One Million in Lithuania
more »
GAZPROM delays submitting revised bid for Lithuanian gas purchase
more »
The first cars have rolled off the assembly lines of the AvtoZAZ‑Daewoo joint venture and have been sold
more »
The U.S. cellular phone industry is poised for a wave of consolidation that could shrink the market from six national players down to as few as three next year
more »
On August 2 the authorities halted operation of the biggest of all 6 Minsk McDonald’s fast food restaurants
more »
Lithuania's Parex bank reported an unaudited net profit of 1.085 million litas for the first half of this year
more »
Europe's struggling airline industry received a shot in the arm yesterday when German carrier Lufthansa raised its profits forecast for the year and ordered 10 new Airbus jets
more »
New Russian oil terminal in Vysotsk would double petroleum transport
more »
Germany’s Bosch und Siemens Hausgeraete Cooperate with Lithuania’s Fridge Producer Snaige
more »