Bank Of Baku

Microsoft has to pay €860 million EU fine

Microsoft has to pay €860 million EU fine
# 28 June 2012 12:27 (UTC +04:00)
Baku – APA-Economics. The General Court of the European Union supported the decision of EU antitrust regulator to fine Microsoft Corp. (MSFT: News ) four years ago, reports said Wednesday, APA reports citing Euronews.

According to reports, Europe’s second-highest court cut the fine by 39 million euros to 860 million euros.

Back in 2004, the European Commission required Microsoft to provide complete interoperability information to rivals to ensure their software would work with Windows. Later in 2008, European Union regulators instated the 899-million euro fine because Microsoft’s licensing rates were too high.
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