Monday, July 05, 2004

Microsoft Appeals EC Antitrust Ruling claiming it undermines innovation

Microsoft officially appealed the European Commission's historic antitrust ruling against the software giant, asking the court to throw out the decision, quash or cut the hefty fine imposed against the company and suspend a controversial penalty that would require it to ship a stripped-down version of Windows.
Microsoft said it had filed its appeal and urged the court to consider potentially harmful effects on corporate innovation and consumers. "The commission's decision ($600 million-plus fine levied against it for allegedly abusing its monopoly power) undermines the innovative efforts of successful companies, imposing significant new obligations on successful companies to license their proprietary technology to competitors, and restricts companies' abilities to add innovative improvements to their products," Microsoft EMEA Associate General Counsel Horacio Gutierrez said in a statement. "The legal standards set by the commission's decision significantly alter incentives for research and development that are important to global economic growth. Do you agree with Microsoft?