Microsoft about to start paying $2.5 Million PER DAY fine
The EU strikes back
The European Commission is set to fine Microsoft up to $2.5 million per day in response to what it says are anti-trust violations.
In March 2004, the EU fined Microsoft over $500 million for using its monopoly power to get an advantage in server operating systems and in media players.
As some may recall, the EU's remedy was that Microsoft would have to release a version of Windows XP that did not include Windows Media Player. To make a long story short, the EU has been unsatisfied with Microsoft's progress in executing these remedies.
One might point out that the EU has never alleged that the entire media player market, in which all the major players in it release their players for free, is not valued anywhere near the staggering fines listed. But that's another story.
Microsoft claims it is putting "staggering" resources towards compliance (not including wmplayer.ex_ on the CD would probably be a good first step -- we're willing to help them do that for a mere $100 million).
Stay tuned..
