Linked by Thom Holwerda on Wed 27th Feb 2008 18:33 UTC, submitted by JJ
Microsoft "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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This may not be a good thing...
by vondur on Wed 27th Feb 2008 19:18 UTC
vondur
Member since:
2005-07-07

I would imagine that the Microsoft has some good friends in the current BUsh administration who could probably be convinced that this fine is excessive. That could lead to some sort of trade dispute in which the US puts a big levy on imported goods from the EU.

Reply Score: 2

Almindor Member since:
2006-01-16

That game can be played both ways and the U.S economy while strong isn't going to be the winner in the end.

Reply Parent Score: 7

J.R. Member since:
2007-07-25

That game can be played both ways and the U.S economy while strong isn't going to be the winner in the end.


Yeah, we have all seen how good the US economy is these days...

Edited 2008-02-27 19:22 UTC

Reply Parent Score: 4

vondur 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.

Reply Parent Score: 6

raver31 Member since:
2005-07-06

You do of course understand that the US market is minuscule in comparison to the EU, the worlds biggest market ?

If the US decided to go for a trade embargo, they would be doing more than shooting themselves in the foot, they would put the US further back into bankruptcy than it is at this minute.

Reply Parent Score: 3

Snapper Member since:
2005-11-16

That would be great, except you are comparing a single country to almost an entire continent.

Until the EU becomes a single country, your statement is PHAIL.

Reply Parent Score: 1

Snapper Member since:
2005-11-16

raver31
Member since:
2005-07-06

You do of course understand that the US market is minuscule in comparison to the EU, the worlds biggest market ?

---------------------------

What kind of rot are you talking about?

2007 GDP for US was 12.57 trillion, the EU 16.6 trillion.

Last I checked, 12.57 vs 16.6 is not minuscule unless you decided to single handedly change the definition of the word.

Sources:
http://www.marketwatch.com/news/story/brazil-becomes-worlds-biggest...
http://en.wikipedia.org/wiki/European_Union

Reply Parent Score: 1

sbergman27 Member since:
2005-07-24

While I'm often critical of my home country, and strongly support the EC in taking the action which we in the US have failed to take, I do believe in sticking to reality when making criticisms of the US. The US GDP is 40% higher than that of the EU-15.

http://tinyurl.com/2maaj8

That said, neither the US nor the EU can afford a trade war. And US citizens like their SUVs too much to consider risking our precarious economic standing over this issue.

Reply Parent Score: 2

melkor Member since:
2006-12-16

Whilst I don't think the US would be stupid enough to try that sort of stunt with Europe, I'll add a +1 to your post as it seems someone is modding people down again incorrectly.

Dave

Reply Parent Score: 2

unclefester Member since:
2007-01-13

The EU is not the least bit afraid of the USA anymore. The EU is far stronger economically and the US would be hurt far more.

Reply Parent Score: 1

puenktchen Member since:
2007-07-27

"far stronger" my ass. the eu is more populous but the usa is richer. both economies are of comparable size. and i really don't think that the us-government is unhappy about the decision of the eu.

Reply Parent Score: 1

Snapper Member since:
2005-11-16

This is not an EU vs USA issue. This is EU vs Microsoft. You guys love trying to make everything issues either with the entire USA or with Bush...lame.

Reply Parent Score: 1