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EU: Settlement Talks With Microsoft Fail

Publication:Yahoo NewsDate:Mar 18 2004

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The European Union antitrust chief said Thursday last-ditch settlement talks with Microsoft Corp. had failed and he would propose that a precedent-setting ruling against the U.S. software giant be adopted next week.

"We made substantial progress toward resolving the problems that had arisen in the past but we were unable to agree on commitments for future conduct," EU Competition Commissioner Mario Monti said. "It was impossible to achieve a satisfactory result in terms of setting a precedent."




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