Friday, July 24, 2009

Microsoft Offers to Add Rival Browsers to Settle Case

Microsoft Corp., the world’s largest software maker, offered to include rival Web browsers in the Windows operating system to settle a European Union antitrust case.

Microsoft accepted a key European Commission demand that it give consumers a choice of browsers through a so-called ballot screen, the commission said in a statement today in Brussels. The company also offered to resolve a second antitrust case over word-processing and spreadsheet software.

“Microsoft is basically capitulating,” said Matt Rosoff, an analyst at Kirkland, Washington-based Directions on Microsoft. “Microsoft was able to absorb fines and be more aggressive with their legal strategy when business was good, but when you’re looking at ongoing fines in a downturn, it makes more sense to settle.”

Yesterday, Microsoft reported sales for the quarter ended June 30 that fell 17 percent to $13.1 billion, more than $1 billion short of the average estimate in a Bloomberg survey of analysts. The Redmond, Washington-based company, which has been fined 1.68 billion euros ($2.39 billion) in previous EU antitrust cases, would avoid another penalty if it reaches a settlement.

The ballot screen would allow consumers who buy new personal computers to set a default browser from a range of software makers. Microsoft rivals and consumer groups will have an opportunity to offer comments on the proposed settlement before the EU makes a final decision.

Read More Article...

Related Posts by Categories



Widget by Hoctro | Jack Book

AddThis Social Bookmark Button

No comments:

Software Development Outsourcing
Outsourcing Services