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  Microsoft Statement on European Commission Action on Protocol Pricing
Time: 13:45 EST/18:45 GMT | News Source: Microsoft Press Release | Posted By: Jonathan Tigner

Microsoft Corp. issued the following statement, attributable to Senior Vice President and General Counsel Brad Smith, after the announcement today that the European Commission has issued a Statement of Objections regarding the royalties Microsoft has proposed for its protocol technology licensing program in Europe:

“Microsoft has spent three years and many millions of dollars to comply with the European Commission’s decision. We submitted a pricing proposal to the Commission last August and have been asking for feedback on it since that time. We’re disappointed that this feedback is coming six months later and in its present form, but we’re committed to working hard to address the Commission’s Statement of Objections as soon as we receive it.

“We do have a different perspective on the underlying facts and the proposed findings.

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