Wednesday, February 27th, 2008
Microsoft gets slapped by the EU for another record fine - will it really help??
Perhaps Microsoft’s recent, lame “open” announcements were prompted by an impending $1.3B fine… does anyone really think this will stop Microsoft? It’s just a tax and you know who will bear the cost (yes, those using Microsoft’s products, or Microsoft’s investors). I think a better solution would have been to look at what market structure would be necessary to facilitate the behavior that is needed. I think when it comes to Microsoft and its constant run-ins with antitrust regulators it is evident fines are not working. The industry needs regulators to step in with an effective structural change.
http://www.forbes.com/feeds/ap/2008/02/27/ap4702025.html?partner=alerts
BRUSSELS, Belgium - The European Union fined Microsoft Corp. a record euro899 million (US$1.3 billion) on Wednesday for charging rivals too much for software information.
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.
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