I (heart) Nellie Kroes
Microsoft has been fined (again) by the European Union. This time, the Commission brought down the hammer, fining Microsoft € 899 million ($1.35 billion) for failing to comply with a previous decision on patent licensing fees.
While the fine may only be a fraction of the company’s revenue, the fine represents about 10% of the company’s 2007 revenues, putting it towards the maximum end of the fine allowed. Under EC competition rules, a company may only be fined a maximum of 10% of its previous year’s turnover.
