EC considers the penalty for Microsoft
Yesterday (July 10), the European Commission's Competition Authority (EC) met to discuss the penalty that will be applied to Microsoft.
Yesterday (July 10), the European Commission's Competition Authority (EC) met to discuss the penalty that will be applied to Microsoft.
Maybe Microsoft will be fined $ 2.6 million a day for allegedly failing to fully comply with the 2004 antitrust case rulings. "for Microsoft's dominant market actions to squeeze competitors?
Attending the meeting, there are full competition authorities of 25 EU member states.
If imposed this penalty, Microsoft may have to pay a fine of up to millions of dollars, surpassing a record penalty of more than $ 600 million that the EC has decided to apply to Microsoft after the company failed in antitrust lawsuit in 2004.
The EC has made great efforts to force Microsoft to fully comply with the 2004 ruling, but the committee may have lost all patience after giving Microsoft more than two years to make those decisions. The EC may say that all legal measures have been used to force Microsoft to comply with all rulings, but all are unsuccessful.
It has been reported that the EC is ready to apply the highest penalty to Microsoft if the company still insists on not executing all of its decisions.
Accordingly, the EC may set a penalty of up to 5% on Microsoft's total one-day income in 2005. Microsoft's 2005 revenue was $ 40 billion, so the company earned an average of $ 110 million a day. If the penalty is 5%, it will be equivalent to a fine of about 5.5 million USD a day.
Moreover, the penalty is also to allow the EC to retrospectively, ie from the time of deciding the penalty to return to the time when the competition authority of the member countries agrees with the decision of the Commission. Europe.
Information said, the EC will officially decide everything related to Microsoft on Wednesday this week.
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