{"id":13513,"date":"2012-05-24T16:33:11","date_gmt":"2012-05-24T14:33:11","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=13513"},"modified":"2012-05-25T10:54:40","modified_gmt":"2012-05-25T08:54:40","slug":"ruling-on-microsofts-1-1-billion-fine-in-june","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/software\/13513\/ruling-on-microsofts-1-1-billion-fine-in-june\/","title":{"rendered":"Ruling on Microsoft’s $1.1 billion fine in June"},"content":{"rendered":"

Europe’s second-highest court will rule on June 27 whether EU regulators were justified in fining Microsoft<\/a> 899 million euros ($1.1 billion) four years ago for failing to comply with an antitrust ruling intended to make business easier for its rivals.<\/p>\n

The European Commission imposed the fine – a record at the time – after the U.S. software group failed to provide information to firms with competing products, as had been ordered by the EU watchdog in 2004.<\/p>\n

The penalty was the first imposed by the EU regulator for non-compliance with an antitrust decision.<\/p>\n

The Luxembourg-based General Court of the European Union will issue its ruling next month, the court’s website showed on Thursday.<\/p>\n

Microsoft’s lawyers argued during a court hearing in May last year that the fine was excessive and undeserved.<\/p>\n

A lawyer for the Commission compared the company to a gambler who had lost a bet and then wanted his money back.<\/p>\n

The EU executive imposed a 497 million euro fine on Microsoft in 2004 for abusing its dominant position to block competitors.<\/p>\n

The case is crucial to other companies challenging big regulatory fines. Intel Corp<\/a> is set to argue its case before judges from July 3-6 in a bid to overturn its 1.06 billion euro penalty levied by the Commission in 2009.<\/p>\n

Intel’s fine is the largest ever in the European Union for a single company. EU regulators said the firm used anti-competitive tactics against smaller rival Advanced Micro Devices Inc<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Europe’s second-highest court will rule on June 27 whether EU regulators were justified in fining Microsoft 899 million euros ($1.1 billion) four years ago for failing to comply with an antitrust ruling intended to make business easier for its rivals.<\/p>\n","protected":false},"author":7,"featured_media":9423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[25,361,2362,169],"class_list":["post-13513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-software","tag-active","tag-europe","tag-fine","tag-microsoft"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/13513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=13513"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/13513\/revisions"}],"predecessor-version":[{"id":13522,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/13513\/revisions\/13522"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/9423"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=13513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=13513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=13513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}