EU Fines Microsoft $357 Million
The EU fined Microsoft Corp. $357 million on Wednesday and threatened new penalties of $3.82 million a day beginning July 31 because it says the software maker failed to obey a 2004 antitrust order to share program code with rivals. Microsoft immediately said it would appeal the fine in court.
The EU said the new fines would take effect unless the company supplies "complete and accurate" technical information to developers to help them make software that works smoothly with its ubiquitous Windows operating system.
Fine LVMH $500 million for not sharing their ugly logo, for regional chauvanism for claiming only their nation makes champagne. Fine Porsche $1 billion for not sharing 911 engines with Ford. What a golden opportunity to zero out the trade deficit.
Posted by: Jared 2006-07-12 |