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Microsoft's $731M Fine

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  • Description

    FBN's Shibani Joshi on Microsoft's fine over failing to deliver on consumer choices for a browser.

  • Duration 1:39
  • Date

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Our thank you call.

Microsoft paying the price for his lack of customer -- we're gonna Shibani Joshi for the details on the company's -- latest -- -- Bonnie this is the big one guises he can even call as a slap on the -- is is more like a punch in the -- this is a huge fine levied.

By the European Union this morning 731.

Million dollar -- That -- and hit on Microsoft for not giving consumers a choice of a web browser and I here's a back story here's -- steps that led.

Today's tough penalty on that mr.

-- -- back in 2009.

Microsoft and the EU agreed to give users a choice in installing.

Internet Explorer are other browser is because.

Microsoft admitted it to its operating system dominance then.

Microsoft promised to give users a choice but he didn't hold up its and that the bargain.

Basically some fifteen million users in Europe from this predetermined period were forced to download -- -- proprietary browser and back in July of last year Microsoft admitted to its oversight.

And acknowledged the issue no matter the European Union acting -- issuing debt three quarters of a billion dollars is now what it has to pay.

The EC is also keep in mind Al looking at Google's dominance in that continental.

In the area of search and advertising.

Giving us some sort of picture of what could come Google's way but overall.

A big number a big sign and it could have been avoided if Microsoft -- Paid attention in terms of what it was doing for its European users and -- who -- down a little bit today.

Back to you guys survived thank you cash money cash in news.

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