EU Warns Microsoft That It May Face Fines

Iria · Mar 2, 2006, 08:55 PM

BRUSSELS, Belgium Mar 2, 2006 (AP)— Microsoft Corp. will be fined if it keeps up its current conduct, the EU's antitrust chief warned Thursday after the company accused the EU of withholding documents and colluding with Microsoft's rivals before filing charges last December.

"If we pursue the line we are following now, there will be fines and they won't be small fines," EU Competition Commissioner Neelie Kroes told Dow Jones Newswires.

The EU has threatened euro2 million ($2.4 million) in daily fines, backdated to Dec. 15, unless the company obeys a 2004 antitrust order to provide competitors with the information needed to make their software work with Microsoft servers.
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Read More / Source: ABC News

Mar 2, 2006, 08:55 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	EU Warns Microsoft That It May Face Fines BRUSSELS, Belgium Mar 2, 2006 (AP)— Microsoft Corp. will be fined if it keeps up its current conduct, the EU's antitrust chief warned Thursday after the company accused the EU of withholding documents and colluding with Microsoft's rivals before filing charges last December. "If we pursue the line we are following now, there will be fines and they won't be small fines," EU Competition Commissioner Neelie Kroes told Dow Jones Newswires. The EU has threatened euro2 million ($2.4 million) in daily fines, backdated to Dec. 15, unless the company obeys a 2004 antitrust order to provide competitors with the information needed to make their software work with Microsoft servers. ____________ Read More / Source: ABC News