Microsoft's EU Deadline Approaching

Microsoft will face fines of up to $5 million a day if it fails to meet the deadline set by the European Commission to change its business practices in Europe. The company has until the end of May. Microsoft lost an antitrust dispute in 2004, and now the time is approaching for the company to meet the EU's guidelines. The company is expected to provide details about how it will do so. "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. BBC News latest ebusiness news