Antitrust regulators in Germany fined the company’s subsidiary in the country for price-fixing programs for Office 2007.
Wired PR News – Microsoft Corp. has been fined for alleged price-fixing. As reported by the Associated Press (AP), the company’s German subsidiary was fined 9 million euros, which is the equivalent of $11.8 million, for purportedly illegally influencing the retail prices for their Microsoft Office 2007 software programs.
As noted by the AP, the Bundeskartellamt, the economic regulatory body for Germany released a statement saying a retailer, whose identity was not disclosed, helped the company set the prices for the programs before launching a marketing campaign for the software packages. The group is quoted in the report as stating, “Not every contact between supplier and retailer regarding resale prices constitutes an illegal concerted practice… In the present case, this boundary has been crossed.”
As further outlined in the AP report, Microsoft Corp. has agreed to comply with the countries regulations, and is quoted as releasing the statement, “We will use this case as an opportunity to review our internal commercial processes and ensure that we are in full compliance with German law.”
Microsoft is the largest maker of software in the world.