EU fines Microsoft record $1.3 billion for overcharging rivals
Wednesday, February 27, 2008 - 10:12 AM EST "The European Union fined Microsoft a record $1.3 billion Wednesday for the amount it charges rivals for software information," Aoife White reports for The Associated Press."EU regulators said the company charged 'unreasonable prices' until last October to software developers who wanted to make products compatible with the Windows desktop operating system," White reports. "The fine is the largest ever for a single company and brings to just under $2.5 billion the amount the EU has demanded Microsoft pay in a long-running antitrust dispute."
"Microsoft immediately said the issues for which it was fined have been resolved and the company was making its products more open," White reports. "The fine comes less that a week after Microsoft said it would share more information about its products and technology in an effort to make it work better with rivals' software and meet the demands of antitrust regulators in Europe."
White reports, "But EU Competition Commissioner Neelie Kroes remained skeptical and said Microsoft was under investigation in two additional cases. 'Talk is cheap,' Kroes said. 'Flouting the rules is expensive.' Microsoft's actions have stifled innovation and affected millions of people around the world, Kroes said."
Full article here.
[Thanks to MacDailyNews Readers "Ampar" and "Brawndo Drinker" for the heads up.]
MacDailyNews Take: It sure is nice to see somebody enforcing laws and punishing Microsoft for illegal activities, isn't it? It's too bad that the U.S. let them off the hook with barely a slap on the wrist.


I'll take the unpopular position on this thread and say this is nonsense. Though I can't stand M$ or its products, they should be able to charge whatever they want for access to their intellectual property (IP). It may be crappy IP--it is--and the folks who pay for it may be fools--they are--but we're all better off letting fools give away their money until Apple (or someone else) persuades IT and other purchasers to switch. This is not why I pay my tax dollars. SJ said it well when he pointed out that Apple lost to M$ in the early '90s when Apple stopped innovating. Now that Apple is innovating again, Macs are steadily gaining market share.
'Nuff said.