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
Magazine names Parekss 'bank of the year'
more »
Swedish company “AssiDoman” has purchased a 4 hectare plot of land for the construction of a corrugated cardboard packaging production plant near the Vilnius-Kaunas motorway.
more »
Cell phones taken more seriously after attacks
more »
Third Strategic Investor in the Mobile Telecommunications Sector
more »
Banks offering online services report that only 5 to 10 percent of their customer base use such services, eMarketer found.
more »
On Thursday the collegium of the Moldavian Finance Ministry approved of the draft budget-2002
more »
Ukraine registers 16.9 percent industrial growth in January-August
more »
The company’s deputy chief predicts its financial collapse
more »
Pre-qualification Tender for Design and Construction of Buildings in the Central Part of Vilnius
more »
So this was Compaq CEO Michael Capellas' grand plan to transform the company within 180 days: sell it to competitor Hewlett-Packard for $25 billion in shares.
more »