EU Slaps Record Fine on Microsoft

The European Union on Wednesday issued its ruling in the long-running case against Microsoft, fining the American software giant US$613 million, the heaviest punishment in any European competition case to date. European Competition Commissioner Mario Monti ruled that Microsoft had failed to provide to rivals information that they needed to compete fairly in the market for server software and that the company has been offering Windows on the condition that it come bundled with Windows Media Player, stifling competition