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Microsoft may face $5 million fine a day

Regulators gird their loins
Mon Mar 21 2005, 08:01
A REPORT in today's Wall Street Journal claimed European regulators of monopolies are to decide soon whether to fine Microsoft $5 million a day for failing to comply with antitrust sanctions.

The article claimed that the European Commission is taking advice from the Free Software Foundation of Europe which alleges Microsoft is putting obstacles in the way to its software code.

It said it has seen a letter from the ginger group to the commissioners claiming that Microsoft is creating its own terms on how it complies with the EC sanctions.

The antitrust regulators have the power to levy five per cent of Microsoft worldwide sales a day, said the Journal, in this article. (Subscription required). ยต

* MEANWHILE Microsoft said in a statement that it has expanded its Shared Source Initiative to seven more countries in the European Union. The code will be provided to some companies, OEMs, system integrators, and academic institutions in Cyprus, Estonia, Latvia, Lithuania, Malta, Slovakia and Slovenia.

An MS representative said: "Transparency leads to greater trust and opportunity."

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