EU fines Microsoft $358 Million

By Justin Mann on July 12, 2006, 12:09 PM
For failing to comply with their requirements, the EU has now officially fined Microsoft the very large sum of 280.5 Million Euros, roughly $385 Million. The demands the EU set forth included documentation from Redmond for other software manufacturers to use the various different Windows protocols. The demands were put in place back in 2004, leaving Microsoft ample time to create something. Of course, Microsoft is going to appeal this right away:

"We do not believe any fine, let alone a fine of this magnitude, is appropriate given the lack of clarity in the Commission's original decision and our good-faith efforts over the past two years," said Brad Smith, Microsoft's general counsel, in a statement.
Even with such large penalties being applied to them, one must wonder if Microsoft sees any value in allowing more competitors to develop using their protocols. The EU actually fined them much less than they originally said they would, but additional fines may be forthcoming should things still not be settled within the next few months.




User Comments: 3

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Phantasm66 said:
The company makes about 40 billion dollars a year, so they can afford it.Its time they started to take these requirements seriously.
slake said:
Give us all your secrets so everyone can have a fair chance to compete with you! how lame.
zephead said:
i am disappointed with the US government's neo-conservative pro-business approach to everything. at least the EU isn't tainted by the bush administration.then again, this is more of a slap on the wrist than a true penalty, given the amount of money that microsoft actually makes.
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