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Title: Microsoft to Drop Appeal In South Korea Antitrust Case Post by: Tanya on October 17, 2007, 12:53:19 AM Microsoft to Drop Appeal In South Korea Antitrust Case
Microsoft Corp. said Tuesday it has submitted a request to withdraw a court appeal against an antitrust ruling by South Korea's Fair Trade Commission. "It is important to note that Microsoft remains committed to Korea and continues to work closely with the FTC to ensure that Korean consumers benefit from vibrant competition in the IT industry," the Redmond, Wash.-based company said in a statement. The statement also said that the company had submitted the withdrawal request to the Seoul High Court. It didn't elaborate. In February 2006, South Korea's FTC ruled that Microsoft had abused its dominant market position in Korea to tie certain software to its Windows operating system. The ruling imposed a 32.5 billion Korean won ($35.4 million) fine on the U.S. software maker for unfair business practices and required Microsoft to provide two separate versions of Windows, one stripped of the Windows Media Player and Windows Messenger, and the other carrying links to Web pages that allow consumers to download competing versions of such software. Continue At Source Send via e-mail | Submit to Digg | Add to Live Favorites http://feeds.feedburner.com/~r/binkdotnu/~3/170779128/microsoft-to-drop-appeal-in-south-korea-antitrust-case.aspx |