Microsoft to be fined $7 billion by EU for antitrust violation

Posted by MutualCore on July 19, 2012 12:01 am 17

http://www.zdnet.com/eu-antitrust-regulators-to-probe-microsoft-over-browser-choice-7000001038/

This will be the first time the Commission had dealt with a company that had failed to meet requirements under a previous antitrust ruling, Reuters noted. The Commission said it will treat the case as a "matter of priority."

Microsoft faces a fine up to 10 percent of its global annual turnover should it be found flouting European antitrust laws; a figure that could total close to €5.7 billion ($7 bn; £4.5 bn).