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  Microsoft Says Proposed Settlement Would Have Been Better For European Consumers
Time: 10:13 EST/15:13 GMT | News Source: Microsoft Press Release | Posted By: Jonathan Tigner

Microsoft Corp. today stated that its proposals to settle the European Commission investigation would have provided more choices for European consumers and more opportunity for software companies than the official decision announced today in Brussels, Belgium, by the European Commission.

"We worked hard to reach an agreement that would address the European Commission's concerns and still allow us to innovate and improve our products for consumers," said Steve Ballmer, chief executive officer of Microsoft. "We respect the Commission's authority, but we believe that our settlement offer from last week would have offered far more choices and benefits to consumers."

The company will seek legal review of the Commission's decision in the Court of First Instance in Luxembourg, according to Brad Smith, senior vice president and general counsel of Microsoft.

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