Germany fines Microsoft for anti-competitive pricing

Thursday, 09 April 2009, 15:01 IST   |    1 Comments
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Bonn (Germany): Germany's main competition agency, the Federal Cartel Office, Wednesday slapped a fine of 9 million euros ($12 million) on US software company Microsoft for imposing a retail price for its Office Home and Student 2007 software. Microsoft said it would pay the fine to avoid a lengthy legal dispute and was reviewing its internal processes in Germany to ensure they complied with German law in future. The Bonn-based agency said Microsoft had harmed free competition by exerting improper influence on the selling price of the software through a major chain, which was not identified in the announcement.
Source: IANS