EU fines Microsoft $733M for breaking browser pact
World BusinessMar 7, 2013
The European Union has fined Microsoft (euro) 561 million ($733 million) for breaking a pledge to offer personal computer users a choice of Internet browsers when they install the company's flagship Windows operating system.The penalty imposed by the EU's executive arm, the Commission, is a first for Brussels: no company has ever failed to keep its end of a bargain with EU authorities before.In 2009, Microsoft Corp. struck a broad settlement with the Commission to resolve disputes over the compa