Record EU fine for lift 'cartel'
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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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Microsoft said Tuesday it has appealed a July fine by the European Commission with the Court of First Instance, the European Union's second highest court. It also called the additional fine unfair, and blasted the EC for being vague.
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European Union regulators fined German company William Prym GmbH&amp;Co. KG and Britain's Coats Holdings Ltd a total of 60 million euros (&#36;76.8 million) on Tuesday for running a cartel in the market for needles.
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The elevator makers were fined $1.3 billion for operating cartels for the installation and maintenance of elevators and escalators.
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Keel-hauled outfit suffers biggest-ever settlement An unnamed international media firm has agreed to pay a record fine of â¬2.5m ($3.46m) for being found to have "significant shortfalls in software licenses".â¦
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The EU fines some of the region's top oil firms including Shell and Total for their role in a bitumen price cartel.
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European competition regulators met on  Monday to discuss the amount of a fine it will impose on  software giant Microsoft  for failing to comply with a  European Commission antitrust decision.
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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 RULING: Microsoft Corp. lost an appeal at the European Union's Court of First Instance to get a landmark 2004 antitrust ruling and record 497 million euro ($613 million) fine overturned.
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The Dutch telecom and postal watchdog OPTA has levied fines as high as 42,500 euros ($57,540) against several individuals and small companies for sending out spam messages.
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Europe's second highest court threw out an appeal by France TÃ©lÃ©comÂ of the European Commission's 2003 antitrust ruling against the firm on Tuesday, ordering it to pay the â¬10.35 million ($12.97 million) fine.
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Companies and individuals found responsible for environmental disasters should face criminal charges, the European Union's executive said Friday in proposing a measure that would punish serious offenses across the 27-nation bloc with up to five years in prison or a $975,000 fine.
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The company seeks to overturn a penalty imposed for lack of antitrust compliance.
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A top European court on Monday handed Microsoft a surprise defeat in its epic antitrust battles, backing the European Commission&#39;s 2004 record fine of 497 million euros (690 million dollars) against the software giant.
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Business & money: Water industry regulator Ofwat confirms that it has hit company with its biggest fine ever
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OFT says it believes an illegal cartel operated by Tesco, Sainsbury's, Asda, Morrison and Safeway cost consumers Â£270m in 2002-03.
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Top lawyers for Microsoft and the European Commission are to learn whether the company has persuaded the court to overturn a record $690 million fine and antitrust ruling.