Microsoft Loses Appeal of EU Fine

Decision on antitrust penalty could encourage EC to pursue other violations.

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.

Copyright 2016 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


Advertisement. Closing in 15 seconds.