Microsoft blasts EU antitrust fine in appeals hearing
Calling it "excessive," Microsoft criticized in an appeals hearing today the 899 million euro fine imposed three years ago by European Union antitrust regulators, according to Reuters.
The fine, equivalent to $1.35 billion in 2008 and $1.27 billion today, penalized Microsoft for failing to comply with sanctions in a case involving the information it provides to other companies to allow their products to work with Microsoft software. The fine specifically addresses the rates that Microsoft charges to license its interoperability protocols and patents to third parties.
At the time, the fine was the largest ever imposed … Read more