We all have our favorite browsers, and most of us are pretty loyal to them. Just try using Safari in front of a Chrome fan. Microsoft Corp.’s favorite is obviously its own—Internet Explorer. But the tech company got hit with a hefty fine by the European Union on Wednesday for favoring Internet Explorer a little too much.
The EU smacked Microsoft with the cold wakeup call of a €561 million fine ($731 million) for violating the terms of a 2009 settlement in which it promised to allow users to choose their web browser, instead of just defaulting to Internet Explorer. The fine amounts to around 1 percent of Microsoft’s 2012 revenues, and is the first time the EU’s antitrust authority, the European Commission, has issued a fine for a company’s noncompliance with its commitments.