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| Time: 11:33 EST/16:33 GMT | News Source: E-Mail | Posted By: Brian Kvalheim | ||
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LAST week, Microsoft was handed another red card for its monopolistic practices, this time by the European Union's antitrust authority. In its ruling against Microsoft, the European Commission imposed a US$613 million (S$1.04 billion) fine and demanded that certain software components be unbundled from its flagship Windows product. Microsoft was also compelled to divulge part of its Windows source code in order to allow competitors to develop software more compatible with Windows-based computers.
In the near term, the ruling is unlikely to have a significant effect, either on the software giant's fortunes or those of the IT industry as a whole. Microsoft, with a decade of experience in fending off US federal regulators, has already launched a legal appeal against the EU ruling that could bog the case down for years. | ||
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