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 Friday, May 09, 2008 |
Microsoft appeals EU antitrust fine
Abigail Salisbury at 2:29 PM ET
[JURIST] Microsoft [corporate website; Microsoft EC archives] announced Friday that it has filed an appeal with the European Court of First Instance [official website] in hopes that it will annul the record fine [press release] of 899 million euros ($1.3 billion). The penalty [JURIST report] was imposed after Microsoft failed to comply with a 2004 landmark ruling [JURIST report] requiring the software giant to share technical information with competitors and lower its prices. CNN Money has more.
Microsoft dropped an appeal [JURIST report] to the 2004 decision in October 2007, one month after the European Court of First Instance upheld the 2004 ruling [JURIST report]. In response to the European decision and other judgments, the corporation has instituted an Antitrust Compliance Committee [official website]. In January, the European Commission began an investigation [JURIST report] into new allegations that Microsoft has misused its market position.
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