Microsoft Fined $731 Million by the European Union, but Google May Be the Target

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European Commission fines Microsoft $ 731 million break antitrust commitment to set up a powerful thing can go to Google precedent in European antitrust investigation. Responsible for Windows manufacturers failed to submit to the antitrust agreement, it said, it does not just automatically install the Internet Explorer browser on a computer will provide more choice to consumers. It did not do it, so following a fine. This is the first time the EU ever fine company, breaking promises, setting a precedent for the future, companies, especially high-tech, and who does not comply. "This is an important commission, to show that it is serious in this case, because it will set a precedent, and because the Commission is increasingly using the settlements, to reach a solution more quickly, especially in fast-moving technology sector, "Nicolas Petit, professor of competition law and economics at the University of Liege in Belgium, told the New York Times, James Kanter.
Related reading: Why is the U.S. Federal Trade Commission is considering Google
Such a high-tech company may want to pay attention to is Google. This is in its antitrust negotiations with the EU. The two sides reached an agreement, but the settlement Google way of doing business, including the According to Kantor article to separate. Microsoft fine display of what happens if Google dishonored checks. "Google and the Commission reached a settlement, Microsoft hefty fines will serve as the company breached the Settlement in its financial risk warning," Kantor said.

 

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