Microsoft Fined $731 Million by EU for Breaking Browser Pact
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Microsoft Corp. was fined 561 million euros ($731 million) by European Union regulators for violating the terms of a settlement to give users a choice of web browsers aside from its Internet Explorer.
Today’s fine -- about 1 percent of the company’s 2012 revenues -- brings to 2.24 billion euros the penalties imposed on Microsoft in its EU antitrust clashes over the past decade, including an initial 899 million-euro fine for failing to obey an order to share data with competitors.