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Microsoft facing EU ultimatum | |
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| Time: 00:00 EST/05:00 GMT | News Source: Australian IT | Posted By: Chris Hedlund | ||
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THE European Commission warned that US software giant Microsoft must comply with a landmark EU competition ruling within weeks or face fresh multi-million dollar fines. The European Union executive issued the warning after confirming that Microsoft has not implemented the remedy demanded by the EU commission last year for the company's abuse of its dominant position in the server market. "We remain confident that they will take the necessary steps to remain in line with the commision position," Jonathan Todd, spokesman for EU competition commissioner Neelie Kroes, said. But he reiterated that, if Microsoft did not comply, the EU had the right to start imposing daily fines of up to five percent of the company's global turnover. He declined set a deadline, however an EU source said that the commission expected Microsoft to act within "a couple of weeks." | ||
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