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
Vladimir Putin appeared on live television and radio for his annual question-and answer session with the public.
more »
EUFISERV Payments announced today that the separation of the EUFISERV ATM Scheme from EUFISERV's former processing business is now complete, and is in line with the SEPA requirements of the European Central Bank and the European Commission.
more »
600,000 Mexicans work in the auto and auto parts industries, and U.S. automakers run around a dozen plants.
more »
The President of the European Commission Jose Barroso says some British politicians are considering signing up to the euro
more »
It's official. The U.S. economy is in a recession.
more »
The crisis that started in the US over a year ago has sent shock waves around the globe.
more »
Offering a coordinated response to the EU’s deepening economic crisis, the Commission is proposing €200bn in measures to boost purchasing power and generate growth and jobs.
more »
The two men charged with keeping Britain's economy afloat moved on Monday to ward off a deepening recession.
more »
European citizens are getting older and greyer. By 2050 it is estimated that the average age in the European Union will be 49, up from 39 now.
more »
Addressing U.S citizens, Barack Obama spoke of plans to revive the economy.
more »