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U.S. fines Bill Gates $800,000 | |
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| Time: 16:10 EST/21:10 GMT | News Source: CNN | Posted By: Brian Kvalheim | ||
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It may just be pocket change for the richest man in the world, but Microsoft Chairman Bill Gates has been fined $800,000 by the federal government for violating an antitrust rule. Will the world's richest man feel an $800,000 fine? The technical incident has nothing to do with the government's massive antitrust battles with Microsoft (MSFT: Research, Estimates). Gates, whose fortune has been estimated at more than $40 billion, ran afoul of the Federal Trade Commission and the Justice Department's Antitrust Division for his purchases of stock in a drug company and a waste-hauling firm.|
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