Operating system giant Microsoft Corp. (MSFT) became the first high profile victim of aggressive European Union antitrust enforcement (but it would not be the last). Slapped with almost $2B USD in fines, the company was lashed for browser bundling and other tactics viewed by the European Commission regulators as anticompetitive.
Microsoft appealed the fine, but the results were less than what it was hoping for. The appeals body -- the General Court of the European Union announced [PDF] this week its decision to cut the €899M fine to a mere €860M ($1.1B USD), a reduction of €39 (~$48M USD).
A Microsoft spokesperson told Reuters it was "disappointed with the court's ruling."
Read more: http://www.dailytech.com/EU+Court+Orders+Microsoft+to+Pay+up+Most+of+Record+Fine/article25045.htm