● 02.27.08
●● Microsoft Owes the EU $2.5 Billion, More for Patent Abuses
Posted in Antitrust, Europe, Law, Microsoft, Patents, Servers, Windows at 10:10 am by Dr. Roy Schestowitz
Feelin’ the heat again…
Okay, so we pretty much knew about this a couple of days ago, but here it is officially: [Pointer from "CoolGuy"]
>
>
European antitrust regulators on Wednesday fined Microsoft $1.3 billion for failing to comply with a 2004 judgment that the company had abused its market dominance.
>
The new fine by the European Commission brings the total fines levied on Microsoft to about $2.5 billion in current exchange rates.
>
If you think that’s bad, consider Microsoft's financial woes and be aware that it has just had a wound reopened — a fairly major patent lawsuit, whose target was Microsoft’s cash cow.
>
>
A federal court which hears patent appeals told a lower court on Tuesday to reconsider damages that Microsoft must pay a Guatemalan inventor for infringing his software in its popular Office Suite.
>
Despite the release of Server 2008 (which itself is bound to become a Vista-like disappointment, based on reports), this will be remembered as an appalling day for Microsoft, especially in the legal department. █
Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
Permalink Send this to a friend
----------
➮ Sharing is caring. Content is available under CC-BY-SA.