EU Fines Microsoft $732 Million
The penalty is the latest episode in over a decade of wranglings between the EU and Microsoft, which has already seen the commission fine Microsoft 1.6 billion for failing to provide rivals with information at fair prices and for tying its media player to its operating system.
BRUSSELS — Microsoft Corp. has been hit with a 561 million ($732.2 million) fine by European Union regulators after it broke its promise to offer millions of users of its Windows system a choice of rival Web browsers.
The European Commission said it was imposing the fine after the U.S. software giant became the first company to break a voluntary agreement with regulators, which would have allowed at least 15 million consumers to pick alternatives to its Internet Explorer browser. ...