A Slayer of Monopolies, One Corporation at a Time
Mario Monti, who is responsible for overseeing the European Commission's antitrust issues, won his biggest battle last week when the EU ruled against Microsoft. The ruling deemed the company an abusive monopolist and imposed a $603 million fine and stiff remedies. Despite the Bush administration's pro business stance and a series of legal setbacks, Mr. Monti has aggressively pursued and regulated big corporations in Europe. Microsoft plans on appealing the ruling to European Court of First Instance in Luxembourg.
See "A Slayer of Monopolies, One Corporation at a Time", Mark Lander, The New York Times, March 24, 2004