EU's Deadline Draws Near For Microsoft

Microsoft has until the end of May to comply with the European Commission's business guidelines, or it will have to pay fines of up to $5 million per day. Last year, the company lost an antitrust dispute, and the time has come for Microsoft to play ball with the EU. The company is expected to provide the EU with details about how it intends to comply. "We made a deal that before the end of the month we would reach an agreement (on remedies). We are waiting for the Microsoft people to do their homework," said European Competition Commissioner Neelie Kroes. latest ebusiness news