Linked by Thom Holwerda on Wed 27th Feb 2008 18:33 UTC, submitted by JJ
"Microsoft was fined a record 899 million euros (USD 1.35 billion) by the European Commission on Wednesday for using high prices to discourage software competition in the latest sanction in their long-running battle. The executive arm of the European Union said the U.S. software group defied a 2004 order from Brussels to provide the information on reasonable terms. Microsoft has now been fined a total of 1.68 billion euros by the EU for abusing its 95 percent dominance of PC operating systems through Windows."
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Member since:
2005-07-07
Well, I am not saying anything about the Economic power of the EU vs the US but note this:
Taking goods and services together, the EU and the USA account for the largest bilateral trade relationship in the world. The significant amount of bilateral trade and investment illustrates a high degree of interdependence of the two economies.
This was taken from an EU website. http://www.eurunion.org/profile/facts.htm
clearly a trade dispute is not in either the US or EU's benefits.