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
BELARUSIAN PREMIER ASSURES IMF OF ECONOMIC LIBERALIZATION...
more »
In the first 8 months of the year, compared to the same period of last year, Lithuanian exports continued to grow and increased by 21% and imports – by 13%.
more »
Japanese giant Hitachi Ltd., whose family of companies builds products ranging from computer chips and consumer electronics to escalators and heavy industrial equipment, reported that it lost nearly 110.5 billion yen in the six months ended Sept. 30
more »
Deal restricts company practices; states aren't yet part of pact.
more »
British Airways plans to add a surcharge to all tickets to pay for additional security and insurance costs in the wake of the U.S. terrorist attacks, the carrier announced Friday.
more »
Microsoft Corp. and the Justice Department have agreed on the outlines of a settlement in the long-running antitrust case against the software maker
more »
Online retail and travel sales from the 2001 holiday season will reach approximately $11.9 billion, according to Jupiter Media Metrix.
more »
Lithuania’s Economy Is Forecast to be the Fastest Growing in the Baltics
more »
Intel Corp. will stop selling digital cameras, media players and Intel Play PC toys next year because sales didn't meet the company's expectations
more »
NIINIVIRTA TRANSPORT LTD Declared Bankrupt
more »