Linked by Eugenia Loli on Wed 12th Jul 2006 16:18 UTC, submitted by wakeupneo
Microsoft The European Commission fined Microsoft 280.5 million euros ($357.3 million) on Wednesday to punish its failure to comply with a landmark 2004 antitrust ruling.
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RE: My God
by AdamW on Wed 12th Jul 2006 17:15 UTC in reply to "My God"
Member since:

"the EU has an agreed budget of 862 billion for the period 2007-2013" - that's 123 billion per year.

As for Microsoft, for the financial year 2005 - that's July 2004 to June 2005 (2006 full year results aren't out yet) - they made $40 billion in revenue and $12 billion in profit.

280 million is pretty much a drop in the ocean to both parties, if looked at in context.

(edit - typo)

Edited 2006-07-12 17:16

Reply Parent Score: 5