David Charter: Analysis
Win 100 iconic DVDs
Thirteen judges signalled bad luck for so-called superdominant companies yesterday and confirmed Europe as the world’s most hostile arena for private sector titans.
It will not have escaped corporate America’s notice that Microsoft’s humiliating legal defeat came in Luxembourg at the hands of the Brussels-based European Commission, over a case originally brought by a rival American company, Sun Microsystems.
Microsoft has survived other attempts to break its iron grip on the PC and server software markets in America, Japan and South Korea.
However, Europe’s judges backed the Continent’s regulators over an aggressive market intervention strategy that, according to some observers, will provoke an antitrust lawyers’ bonanza.
There is no doubt that Neelie Kroes, the European Competition Commissioner, will have been emboldened by the success of the strategy begun by her predecessor, Mario Monti, of Italy, back in 1998.
Even though the reasoning of the European Court of First Instance was tied tightly to the facts of the Microsoft case, there are bound to be far-reaching ramifications for the technology sector and beyond.
Companies that dominate particular IT sectors, such as Apple, Intel and IBM, will feel more vulnerable today, if only for Ms Kroes’s repeated assertion that Microsoft’s 95 per cent share of the PC software market was far too high.
The former Dutch Transport Minister did not put an ideal figure on market share, but even the suggestion that a high figure could trigger antitrust investigations, and the legal expense that that entails, will unsettle executives of any super-successful company doing business in the European Union. Fines totalling €2 billion (£1.4 billion) have been given this year by the Commission to companies found guilty of running cartels.
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
36-month car lease
on contract hire for
£359.99 plus VAT pm
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
Check your free Experian credit report before applying
Car Insurance
c£100,000 + car, bonus & bens
Lord Search & Selection
Midlands
Competitive salary + NHS pens
The Council for Healthcare Regulatory Excellence (CHRE)
London
Not Specified
The Sheppard Trust
London
£31,842 – £38,378pa
Charity Commision
London, Liverpool or Taunton
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Book now & save over £100pp.
11 cool resorts, lowest prices... Early Booking offers 15 Nov.
20% off selected Azores holidays taken in October with Sunvil Discovery
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.