By what authority is the EU able to fine/screw around with Microsoft?

[futuristicmonkey]

Genuinely , I am.

 

[Skunkwourk]

price of business I think, microsoft would rather continue selling there, than pull out..

 

[Rastus]

Evidently, the EU has some sort of authority over European stock markets and the companies that are traded in them.

 

[FoBoT]

they do business there. i guess in theory they could pull out from selling products there, but that would cost more $ than the fines and legal costs

 

[futuristicmonkey]

Originally posted by: Rastus
Evidently, the EU has some sort of authority over European stock markets and the companies that are traded in them.

Well, spank my cheeks and call me ignorant...

I just find it ridiculous that they just fine them $2 million a day for not "complying with its obligations."

To fine them $2 million for not releasing their own source code? Well damn me, if this isn't straight from somewhere in Germany...

 

[sandorski]

Law

 

[Deleted member 4644]

They do business there, thus they can be regulated there. Law is Law is Law.

Same as Toyota doing business in the USA. It's 100% normal.

Welcome to globalism.

 

[DaveSimmons]

Read up on how Microsoft was convicted of abusing their monopoly power to illegally destroy competitors and reduce consumer choice.

(In the United States, under US law.)