What would be the best thing in the business? Any guesses, NO. Well, the best thing is when you rivals are taking care of you a lot than what in real they do. This is the case we just get to know over yesterday report about Microsoft’s EU fine of $731 million. A report from the FT cites “several people familiar with the case” confirmed that both Google and Opera plays an “informal role” which did lead to the EU fining Microsoft $731 million yesterday.
Both the companies have “informally provided the tip-off” to the EU. The fine was complying on Microsoft for failing with its EU ‘browser ballot’ commitment. The interesting thing to note here is that this is the first time in European Commission history that the organization has had to fine a company for non-compliance.
Microsoft had given the following statement yesterday and said it would not appeal the fine: We take full responsibility for the technical error that caused this problem and have apologized for it. We provided the Commission with a complete and candid assessment of the situation, and we have taken steps to strengthen our software development and other processes to help avoid this mistake – or anything similar – in the future.
Latest posts by Karan Chopra (see all)
- Facebook: Always Helping… Facebook (Comic) - March 5, 2014
- I’d Like To Deposit This Check Into My Bank Account (Comic) - March 4, 2014
- Data Loss And Disaster Recovery (Infographic) - March 4, 2014