The Microsoft slap on the wrist comes in at € 561 million



Here’s the amount that Microsoft has to pay the EU as a fine for not offering EU customers a choice of browsers: € 561 million.  The amount was announced by EU competition chief Almunia this afternoon.

Quartz writes that Microsoft may very well not care a fig about this fine, since it has billions and billions ($ 51 billion to be exact) in overseas accounts that it doesn’t really know what to do with. The € 561 billion is about 1  percent of this cash war chest.

Incidentally, while mobile browsers are on the rise, the Internet Explorer market share on the desktop went up another 2 % from 2011 to 2012 (from 52 to 54 %).

[Quartz]

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Raf Weverbergh

Editor of whiteboard. Raf Weverbergh was a magazine journalist whose work appeared in magazines like Rolling Stone, Playboy, Mail on Sunday, Publico and South China Morning Post. He is the co-founder of FINN, a corporate communications agency where he advises startups and multinationals on their PR and Mustr, the easiest media database for PR professionals. You can contact him on Twitter, Linkedin or Skype (rafweverbergh).

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