Tuesday, September 25, 2007

Microsoft Loses EU Antitrust Appeal

An EU court ruled that Microsoft must pay a $605 million fine imposed in 2004 by the EU Competition Commission, reports CNN / Money Magazine. The fine related to Microsoft's alleged efforts to use its market power in PC OS's as leverage in the market for media players and server OS's.

The ruling was criticized by Microsoft, which hasn't decided whether to appeal, and by the U.S. Assistant Attorney General for antitrust.