Welcome to the MacNN Forums.

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

You are here: MacNN Forums > News > Tech News > Microsoft fined $730M by EU over browser choice failure

Microsoft fined $730M by EU over browser choice failure
Thread Tools
MacNN Staff
Join Date: Jul 2012
Status: Offline
Reply With Quote
Mar 6, 2013, 10:01 AM
 
The European Commission has handed Microsoft a hefty fine for not complying with a Commission order. The fine of 561 million euros ($730 million) stems from Microsoft failing to offer customers using Windows 7 Service Pack 1 the choice of default browser between May 2011 until July 2012, as part of commitments from a previous EC decision.

The Commission claims that around 15 million Windows users in the EU failed to see the web browser ballot screen, something which Microsoft blamed on a technical problem. Commission vice president in charge of competition policy Joaquin Almunia spoke about the legally binding commitments that Microsoft agreed to after its investigation, stating "A failure to comply is a very serious infringement that must be sanctioned accordingly." It is also noted that this is the first instance where the Commission has fined a company for non-compliance of its decision, and that it took into account Microsoft's cooperation during the investigation when working out the exact value of the fine. Microsoft has released a statement saying it will not be appealing the fine, and is taking full responsibility for the error. With a similar issue occuring in Windows 8, the Microsoft board of directors have already deducted part of CEO Steve Ballmer's bonus in October for the error's reappearance.
( Last edited by NewsPoster; Mar 6, 2013 at 10:02 AM. )
     
Fresh-Faced Recruit
Join Date: Jul 2010
Status: Offline
Reply With Quote
Mar 6, 2013, 12:22 PM
 
Your doing a FANTASTIC job. keep it up.
     
Junior Member
Join Date: Feb 2005
Location: New England
Status: Offline
Reply With Quote
Mar 6, 2013, 12:56 PM
 
First, I own no known (could be in mutual funds) shares of Microsoft; but, if I knowingly did, I'd be quite a dissatisfied shareholder that Balmer is still running the company. What is the Board of Directors thinking? How can a giant like Microsoft fail to adhere to rulings in the EU that were clearly defined 1-3 years ago in the first attack on it's monopolistic desktop architecture? How can you simply ignore a potential fine of this magnitude AND still be considered a competent CEO? (...or BoD for that matter!) Simply unbelievable.
--
Stuke
     
Fresh-Faced Recruit
Join Date: Apr 2008
Location: Vancouver, Canada
Status: Offline
Reply With Quote
Mar 6, 2013, 07:55 PM
 
I think he's doing a great job. He's a perfect fit for the company. A mediocre CEO for a mediocre company with mediocre products. He was born to do this.
     
   
Thread Tools
Forum Links
Forum Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Top
Privacy Policy
All times are GMT -4. The time now is 01:15 AM.
All contents of these forums © 1995-2014 MacNN. All rights reserved.
Branding + Design: www.gesamtbild.com
vBulletin v.3.8.8 © 2000-2014, Jelsoft Enterprises Ltd., Content Relevant URLs by vBSEO 3.3.2