Microsoft fined with $1.3B
Posted February 27th, 2008 by Alex Ion
A record fine of $1.3 billion has been issued today by the European Union to Microsoft because the company “charged unreasonable prices” for software information to developers that wanted to build Windows compatible products. If we were to make the total amount for the fines Microsoft has to pay we’ll end up with about $2.5 billion.
Though Microsoft had taken measure to make sure the company is meeting the anti-trust regulations in Europe, said that the issues for which they’re fined today have been taken care of.
Just to bring a smile on Bill’s face, EU Competition Commissioner Neelie Kroes said “We could have gone as high as 1.5 billion euros ($2.23 billion). The maximum amount is higher than what we did at the end of the day”. They are still skeptical and have all their eyes on Microsoft to see their next steps.
