Microsoft Fined 1.4 billion by European Union – market yawns


Despite a record fine of 1.4 billion dollars by the EU for failing to share code, Microsoft’s stock price dropped just a tiny bit today – a drop not even clearly associated with the ruling.     Given that the fine represents only a fraction of a percent of Microsoft’s capitalization and that it removes some uncertainty from the always massive MS legal equation it is probably reasonable to assume the market had pretty much fully incorporated the EU instability into the price of Microsoft.

The BBC Reports

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About JoeDuck

Internet Travel Guy, Father of 2, small town Oregon life. BS Botany from UW Madison Wisconsin, MS Social Sciences from Southern Oregon. Top interests outside of my family's well being are: Internet Technology, Online Travel, Globalization, China, Table Tennis, Real Estate, The Singularity.
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