Microsoft Corp. lost a European Union challenge to an 899 million-euro ($1.1 billion) antitrust fine, with a court saying it “essentially” upheld the penalty.
The EU General Court cut the fine by 39 million euros, or 4.3 percent, to 860 million euros in a ruling today. The Luxembourg-based tribunal rejected all of Microsoft's arguments over the fine levied by the European Commission for the company's failure to obey an order to share data with rivals.
The fine was on top of Microsoft's earlier penalties of 497 million euros and 280.5 million euros in the antitrust case and surpassed only by a 1.06 billion-euro levy against Intel Corp. during a period of EU scrutiny of U.S. technology companies.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
