The European Competition Competitioner Mario Monti today confirmed that Brussels would rule against Microsoft
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.
The most popular articles
Business to get a break under streamlined EU VAT rules.
more »
Thales UK`s naval business has yesterday signed a major sub-contract with Finning (UK) Ltd for the supply of propulsion engines and machinery for its new Lithuanian warship reactivation programme.
more »
The EU Budget 2009 provides more money for growth, the environment, jobs, research and food aid for developing countries.
more »
On day one of the World Economic Forum in Davos, the mood of this traditionally bullish event -- pure gloom.
more »
In December 2008 against December 2007 the turnover of retail trade enterprises decreased by 8.8 per cent.
more »
Mexican financial institution Banco Santander has awarded Wincor Nixdorf AG a contract to service all 4,000 of its ATMs installed in Mexico.
more »
Wincor Nixdorf AG spent much of its time at this year's Wincor World demonstrating how Wincor Nixdorf can support financial institutions and retailers through innovation.
more »
South Korea may be feeling the chill wind of recession but the country's lucrative gambling industry is cashing in.
more »
Modest revenue growth despite difficult economy; announces cost management initiatives.
more »
Tens of thousands of export firms on China's seaboard have closed due to falling demand in major European and North American markets.
more »