Microsoft Corporation (MSFT) Faces EU Antitrust Fine by Easter

Microsoft Corporation (NASDAQ:MSFT), a popular play among equity hedge funds we track, has been under scrutiny in the European Union for the better part of a decade over various antitrust allegations, violations and investigations.  Many of the investigations have surrounded Microsoft’s proprietary browser, Internet Explorer. The company has already been on the hook for various fines in the last decade, but it is facing a single very serious fine because of a second major violation involving the same topic – especially since the EU claimed that Redmond has broken a promise.

In October of last year, the European Commission made the charge that Microsoft Corporation (NASDAQ:MSFT) reneged on a promise that it would give Windows users a choice of web browsers in the previous version of the Windows operating system – the one that came before the current Windows 8 OS. The promise was alleged to have been made in 2009 in an effort to avoid a penalty and sanctions. This is now considered the second time that Microsoft has violated an EU order, and that, according to the commission, puts the company in the crosshairs of a fine. That fine could be as much as 10 percent of the company’s global revenue (not profits).

Microsoft Corporation (NASDAQ:MSFT)Microsoft Corporation (NASDAQ:MSFT) has already been docked about $2.1 billion in fines for past violations like failing to provide data to competitors for reasonable prices, requiring developers to create software that works with its own products, and for exclusively tying its media player to its own operating system.

When it comes to its Internet Explorer browser, Microsoft Corporation (NASDAQ:MSFT) has seen its market share in Europe drop significantly since 2008. Currently, IE owns about 24 percent of the European market, which is half of its market share in 2008 – putting Internet Explorer third in the market behind Google Inc. (NASDAQ:GOOG) Chrome (35 percent) and Mozilla Firefox (29 percent).

What do you think about Microsoft Corporation (NASDAQ:MSFT) and how it handles its browser? Do you think this is an antitrust issue when it comes to its browser? Let us know your thoughts about this case in the comments section below.

DISCLOSURE: I own no positions in any stock mentioned.

Please see these related MSFT articles:

Why Microsoft Should Be in Your Portfolio

Microsoft to Sell Atlas Solutions to Facebook

Microsoft is a Unique, Undervalued Company

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!