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

Chipmakers on road to recovery

Advanced Micro Devices and Intel are expected to report fourth-quarter results this week more »

Extraordinary General Meetings

Netia Convenes Extraordinary General Meetings of Shareholders to Propose Increase in Share Capital more »

The largest estimate of damages

Bank of Israel: Intifada cost the economy NIS 13b more »

LASCO Privatization

EBRD confirmed its readiness to participate in LASCO privatization. more »

The report of Accounts Chamber of Ukraine

About 500 billion of USD stolen from Ukrainian budget last year more »

Asking for Favors

The Treasury Department acknowledged today that Enron's president sought government help in receiving a credit extension while the staggering energy company was trying to avoid bankruptcy last fall. more »

SIBUR Search, Arrests May Have Been Motivated by Gazprom

The search that took place at the offices of Russia's largest petrochemicals producer, SIBUR-or the Siberian-Ural Petrochemical and Gas Co. - could be linked with a number of criminal cases launched against some of its executives. more »

Gaz de France already in Lithuania

On Monday the representatives Gaz de France had the meeting with the finance and economy department director of Lietuvos dujos Victoras Valentukyavichus more »

Russian equity market not ready to go down

Analysts say today’s correction on the Russian equity market was of a purely technical character and was short-lived more »

Laser business

Ukraine tries to avoid US sanctions more »