Europe Could Hit Microsoft With $7B+ Fine Over New Internet Explorer Antitrust Violations

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http://techcrunch.com – Looks like the European Commission is following through on what it’s been reportedly planning to do for weeks: it has filed a formal complaint against Microsoft for antitrust violations related to Internet Explorer and giving consumers a clear way to choose another browser when using Microsoft’s Windows operating system. The violation cost cost Microsoft billions in fines — the maximum penalty, the European Commission notes, is 10% of the company’s annual turnover. Going by fiscal year 2012′s annual revenues of $73 billion, that could mean a fine of $7.3 billion. (IT news)