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Microsoft caves in to European commission

Business Materials 23 October 2007 01:45 (UTC +04:00)

(GUARDIAN) - Microsoft today caved in to the European commission and agreed to comply with a landmark anti-trust ruling more than three years after it began a rearguard action against the decision and a record €497m (?347m) fine.

In a move hailed by Neelie Kroes, EU competition commissioner, as opening up the global IT market to greater consumer choice, the world's biggest software company accepted swingeing price cuts for interoperability information that would enable rival servers to work smoothly with its Windows operating system.

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