Microsoft sees extraordinary impact from EU ruling

Mon Sep 17, 2007 2:19pm BST
 
Email | Print | | Single Page
[-] Text [+]

BRUSSELS (Reuters) - Microsoft general counsel Brad Smith said on Monday an EU court ruling upholding a landmark European Commission antitrust decision against the software giant would have an "exatraordinary impact".

"It gives the Commission quite broad power and quite broad discretion," Smith told reporters.

"This decision will occupy the thoughts and discussions of many people in the months and years to follow. It is one of those decisions that has an extraordinary impact."

He was speaking after the European Union's Court of First Instance handed a stunning defeat to Microsoft, upholding a 2004 European Commission ruling against it, including a 497 million euro (345 million pound) fine.

 
Detail showing a commercial U.S. Dollar rate against British Sterling is displayed in central London in this file photo December 1, 2006.  REUTERS/Toby Melville
Pound picking up strength

Sterling will gradually strengthen against the dollar over the next 12 months but is unlikely to move much, a Reuters poll shows.  Full Article | Related Story 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos