EU orders fine for rubber cartel
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The EU fines five oil and chemical firms including Italy's Eni and Royal Dutch Shell Â£519m ($682m) for fixing rubber prices.
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By AOIFE WHITE  BRUSSELS, Belgium - Harming the environment should be treated as a crime, the European Commission said Friday as it put forward a draft law that would punish serious offenses across the EU with up to five years in prison or a $975,000 fine.
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The European Union's executive arm  will rule on Wednesday that MasterCard's  method of  charging fees for international purchases violates EU antitrust  rules, a source familiar with the situation said.
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The European Commission fines Spain's Telefonica for stifling competition in the broadband market.
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(InfoWorld) - The European Commission has again criticized Microsoft's response to a 2004 antitrust ruling, opening up the possibility of further fines for the company. In March 2004,Â the Commission fined MicrosoftÂ and ordered it to provide its competitors with information allowing them to develop workgroup server software interoperable Windows desktop operating system. It thenÂ fined the company againÂ last July for failing to provide that information on time. The Commission has sent Microsoft another statement of objections, saying it considers the interoperability information Microsoft has offered is still incomplete, said Jonathan Todd, Commission spokesman on competition issues. In addition, Microsoft is charging its competitors too much for that information: it does not justify the price tag put on it because it is not innovative, he said. Microsoft has four weeks in which to respond to the statement of objections, after which it may face further daily fines for noncompliance with the antitrust ruling. Even as Microsoft and the Commission dispute whether Microsoft is in compliance with the ruling, another court is considering whether Microsoft should have to comply at all. The European Court of First Instance, in Luxembourg, is still considering Microsoft's appeal against the Commission's March 2004 ruling that Microsoft abused its monopoly in desktop operating systems to exploit markets for workgroup server and media player software. At that time, the Commission ordered Microsoft to pay a fine of â¬497 million (then around $600 million), ship a version of Windows without media player software, and publish the server software interoperability information disputed in today's announcement. (Peter Sayer, in Paris, contributed to this report.)
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The European commission, which fined Microsoft a record â¬497m (Â£345) this year for abusing its dominant position, yesterday vowed to continue pursuing the US software group through the courts for anti-competitive behaviour.
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Vivendi Universal and its former chief executive Jean-Marie Messier have each been fined 1m euros ($1.3m; Â£690,000) by French regulators.
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Microsoft Corp. is expected to be hit  with a fine of between 200 million and 300 million euros on  Wednesday for failing to carry out antitrust sanctions imposed  by the European Commission, sources familiar with the situation  said.
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The European Union threatened Microsoft Corp. on Thursday with fines as high as $4 million a day, claiming the software company was still not offering a fair deal to rivals
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The European Union reached a settlement Tuesday of its long-running antitrust case against The Coca-Cola Co. under which the U.S. titan agreed to change sales practices that helped it win roughly half of the soft drink market in Europe.
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Greece's agency for information security on Thursday imposed a EU76m (&pound;51.2m, $100.5m) fine on Vodafone's Greek operation for failing to prevent the illegal tapping of more than 100 mobile phones, including one used by Costas Karamanlis, prime minister.
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The EU imposes a record 992m euro fine on four lift and escalator firms it found operated a price-fixing cartel.
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Soccer's governing body Wednesday fined Italy, the Netherlands and France for being too lenient with doping offenders.
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LUXEMBOURG/BRUSSELS  - A European Union court on  Wednesday upheld penalties imposed by the EU executive on  Microsoft, dismissing the software giant's appeal for a  suspension, according to a document obtained by Reuters.
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Business & money: European commission finds O2 owner guilty of squeezing rivals out of Spanish broadband market.
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The European Union's executive arm will rule on Wednesday that MasterCard's  method of charging fees for international purchases violates EU antitrust rules, a source familiar with the situation said.
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The European Commission fines four firms 345m euros for fixing prices in the sale of acrylic glass products.