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

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!