EU hits Microsoft with full Monti

Published: 19 March 2004 y., Friday
The European Competition Competitioner Mario Monti today confirmed that Brussels would rule against Microsoft - the World's biggest software company - for breaking EU competition rules. Top level talks between Microsoft Chief Executive Steve Ballmer and Mr Monti failed to break the deadlock in the investigation, which has been in progress for five years, although Mr Ballmer is thought to have made some concessions to European concerns. And today Mr Monti told an impromptu press conference in Brussels, "I'd just like to inform you that a settlement on the Microsoft case has not been possible". He added that he wanted to create a "clear precedent" which would be better for consumers and competition. The amount of the fine, which could be as high as ten percent of Microsoft's turnover, will be decided next Wednesday (24 March). In addition, the EU could force Microsoft to offer versions of its Windows operating system without certain features, notably Windows media player - which allows users to download audio and video clips. Brussels believes that Microsoft's practice of including this media player with its Windows system - known as "bundling" - is an abuse of its dominant market position. Microsoft - which employs 12,000 people in Europe - saw its share price decline sharply by around two percent in European trading on the news.
Šaltinis: euobserver.com
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

Spanish car workers to get help from EU Globalisation Fund

The European Commission has approved an application from Spain for assistance under the European Globalisation adjustment Fund (EGF). more »

MEPs discuss green levies on lorries

Green issues continue to dominate the headlines, as MEPs from the Transport Committee vote Wednesday on possible new charges for lorries, based not only on CO2 emissions but other factors such as noise and air pollution and congestion. more »

Europe's universities and businesses get together

High level representatives from business, higher education and politics are meeting in Brussels on 5-6 February for the 2009 European University-Business Forum. more »

Bailout bucks draw needy New Yorkers

Bailoutbooth.com is doling out $50 and $100 bills to anyone over 18 who can explain why they need it. more »

Chinese airlines face bumpy 09 ride

China's big three airlines are predicting a bumpy ride for 2009. With the global economic slowdown, failing passenger demand and cost pressures, all three carriers are feeling the credit crunch's bite. more »

Czech Presidency calls for coordinated support of EU car industry

The Czech EU Presidency aims to give a new impetus to European car industry, a key sector that has been seriously hit by the global economic crisis. more »

Energy for the future

Opening a new front in the fight against climate change, cities across Europe vow deeper emission cuts. more »

DnB NORD Bankas revises deposit rates

Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed individual and corporate customers time deposit rates. more »

High quality industrial relations can help EU face crisis

A European Commission report shows that structured dialogue between workers' and employers' representatives can help the EU face the economic crisis. more »

СEOs feel “entitled”

Dennis Kozlowski, the ex-Tyco CEO who spent 6 thousand dollars in company money on a shower curtain, has plenty of company today in the corporate shame game. more »