EU to fine Microsoft $613.5 million

Reuters | at | by Mike

European Union states on Monday backed a proposal to fine Microsoft a record 497 million euros ($613.5 million) for abusing its dominance of PC operating systems, an EU member state source said.

Microsoft associate general counsel for Europe Horacio Gutierrez said in a statement the fine was unjustified.

"We believe it's unprecedented and inappropriate for the Commission to impose a fine on a company's U.S. operations when those operations are already regulated by the U.S. government and the conduct at issue has been permitted by both the Department of Justice and the U.S. courts," he said.