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Microsoft Faces Fresh Fines

Stock quotes in this article: MSFT  

Updated from 8:21 a.m. EDT

European regulators hit Microsoft(MSFT Quote) with another stiff fine Wednesday, saying it has failed to comply with its 2004 antitrust settlement.

The European Union Commission fined Microsoft $357 million and warned of additional penalties of nearly $4 million a day starting next month if the company remains out of compliance. Regulators say Microsoft hasn't made good on a pledge to provide other software makers source code for its Windows operating system.

Shares of Microsoft were recently off 27 cents, or 1.2%, to $22.83. ...

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