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Legal News: Statement on July 12 Fine Announced by European Commission | |
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| Time: 16:03 EST/21:03 GMT | News Source: Microsoft Press Release | Posted By: Jonathan Tigner | ||
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Microsoft Corp. issued the following statement by General Counsel Brad Smith, following the decision by the European Commission to impose a 280.5 million fine against the company: We have great respect for the Commission and this process, but we do not believe any fine, let alone a fine of this magnitude, is appropriate given the lack of clarity in the Commissions original decision and our good-faith efforts over the past two years. We will ask the European courts to determine whether our compliance efforts have been sufficient and whether the Commissions unprecedented fine is justified. Despite these fines, Microsoft remains totally committed to full compliance with the Commissions 2004 decision. We will continue to do whatever the Commission asks to comply with its decision as these issues are considered by the courts. Also available: | ||
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