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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