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53cur!ty 6109

Girma Nigusse

Microsoft trying to patch up EU situation

August 03, 2006

BRUSSELS (Reuters) -- European Union regulators fined Microsoft €280.5 million ($357.3 million) Wednesday for defying a 2004 antitrust ruling, while Microsoft responded that it was on track to be in compliance with the demands.

The tough new penalty is the first of its kind and comes on top of a record €497 million fine the Commission imposed in its landmark antitrust decision against Microsoft in March 2004.

Source: http://money.cnn.com/

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