Latest competition law Stories

EU Court Upholds Microsoft Fine
2012-06-28 08:28:42

Peter Suciu for redOrbit.com — Your Universe Online On Wednesday the General Court of the European Union rejected Microsoft´s appeal of a 2008 European Commission antitrust ruling, but reduced the fine by 39 million euros to just 860 million euros — or $1.1 billion dollars. The fine was based on a daily rate for the 488 days that Microsoft failed to hand over interoperability information, and the software giant is reportedly the only such company to be fined (to date)...

Word of the Day
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.