Comment Its 10% of turnover - not revenue (Score 0) 349
The European Commission can fine up to 10% of annual turnover - and not 'annual revenue' as was reported.
The European Commission will treat any European subidiary of Microsoft as a part of a larger company and the 10% will be calculated from Microsfot as one large worldwide company.
This means that Microsoft stands to lose 10% of its annual turnover from its entire global operations.
The European Commission will treat any European subidiary of Microsoft as a part of a larger company and the 10% will be calculated from Microsfot as one large worldwide company.
This means that Microsoft stands to lose 10% of its annual turnover from its entire global operations.
