While the sanction is sizeable, representing 1 percent of Microsoft's 2012 fiscal-year revenues, the Commission could have charged the company up to 10 percent of its global revenue.Further details can be read at Reuters.
"If companies agree to offer commitments which then become legally binding, they must do what they have committed to do or face the consequences," Joaquin Almunia, the EU's competition commissioner, told a news conference.
"I hope this decision will make companies think twice before they even think of intentionally breaching their obligations or even of neglecting their duty to ensure strict compliance."
Microsost fined 561 million EUR for breaking EU browser pact
Posted on Wednesday, March 06 2013 @ 16:44 CET by Thomas De Maesschalck