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EU Fines Microsoft €899

EU Fines Microsoft €899

The EU has handed out a record €899 million (£680.9 million) fine to Microsoft for charging unreasonable prices to let rivals access its software.

The EU competition commissioner, Neelie kroes, told journalists that the fine could have been as much as €1.5 billion.

The fine reflects the 488 days within which Microsoft refused to comply with the March 2004 anti-trust ruling made by the commission.

The EU said that this was the first time that a company had broken an EU anti-trust ruling.

Kroes said in a statement: “Microsoft was the first company in 50 years of EU competition policy that the commission has had to fine for failure to comply with an antitrust decision.

“I hope that today’s decision closes a dark chapter in Microsoft’s record of non-compliance.”

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