Microsoft could be fined up to 10 percent of its global annual turnover -- up to 5.7 billion euros ($7 billion) -- or face making changes to how it conducts business in the 27 European member states if it is found to have broken European antitrust laws.
Microsoft said in a statement today: "We take this matter very seriously and moved quickly to address this problem as soon as we became aware of it. Although this was the result of a technical error, we take responsibility for what happened, and we are strengthening our internal procedures to help ensure something like this cannot happen again. We sincerely apologize for this mistake and will continue to cooperate fully with the Commission."
Msg#: 4512065 posted 11:33 pm on Oct 29, 2012 (gmt 0)
Although this was the result of a technical error...
How does one fail to keep in mind a potential $7 Billion fine and overlook implementing something like that (a technical error)? I might forget something if it was pocket change but not something of that magnitude.