Microsoft agrees to create Antitrust Compliance Office after shareholder sues over $732M fine

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Microsoft executives have settled a year-long legal battle with a shareholder who wanted answers after a software glitch in 2011 caused the company to be fined $ 732 million for a defying antitrust laws in Europe. Kim Barovic sued Microsoft’s board members last year, arguing they failed to fulfill their fiduciary duties when they let a “technical error” cause Windows to only come preinstalled with Microsoft’s own Internet Explorer web browser — without a “choice screen” offering other options — which defied regulations from the European Commission. Barovic eventually got her wish, as Microsoft notified shareholders on Friday of a settlement aimed formalizing efforts already in place… Read More
GeekWire

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