09/17: EU Court Upholds Ruling
Posted by Patrick
From the AP:
Todd Bishop has more.
Microsoft ... suffered a decisive antitrust defeat on Monday when a European Union court upheld a landmark ruling that the world's largest software maker had abused its dominant market position to crush rivals.
The second-highest EU court dismissed the company's appeal on all key points against the 2004 European Commission ruling and upheld a record 497 million euro ($689.9 million) fine.
A jubilant EU Competition Commissioner Neelie Kroes said the ruling should lead to a "significant drop" in Microsoft's 95 percent market share. While Microsoft's top lawyer said it would affect the way the company markets its products in future.
The second-highest EU court dismissed the company's appeal on all key points against the 2004 European Commission ruling and upheld a record 497 million euro ($689.9 million) fine.
A jubilant EU Competition Commissioner Neelie Kroes said the ruling should lead to a "significant drop" in Microsoft's 95 percent market share. While Microsoft's top lawyer said it would affect the way the company markets its products in future.
Todd Bishop has more.
