Microsoft sees fine reduced by 4.3% after losing appeal against EU penaltySoftware giant Microsoft has lost their appeal against a decision made at an EU court, where the company was punished for defying an antitrust ruling. This closes a long drawn out chapter that has lasted a good 10 years, with the European Commission finally achieving “victory” over Microsoft’s business practices. According to antitrust experts, this particular verdict by the General Court might set a precedent against other current cases which involve Google, Samsung Electronics and Motorola Mobility concerning their patents.

Well, just as every dark cloud has a silver lining, the same applies as well in this case – where Microsoft’s fine was reduced by 4.3%. Granted, that is not too much of a silver lining, but we are talking about a reduction of $200,000,000, which is still a fair amount – the equivalent of slightly more than 2% of Microsoft’s revenue for the fiscal year ended June 30, 2008.

This article was filed in Homepage > Computers and was tagged with Microsoft. The story was spotted on in.reuters
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