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Microsoft Gates fined $800,000 for antitrust violations - May. 3, 2004

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Microsoft Gates fined $800,000 for antitrust violations - May. 3, 2004
Topic: Miscellaneous 7:31 pm EDT, May  3, 2004

] It may just be pocket change for the richest man in the
] world, but Microsoft Chairman Bill Gates has been fined
] $800,000 by the federal government for violating an
] antitrust rule.
]
]
] ] The technical incident has nothing to do with the
] government's massive antitrust battles with Microsoft
] (MSFT: Research, Estimates).
]
] Gates, whose fortune has been estimated at more than $40
] billion, ran afoul of the Federal Trade Commission and
] the Justice Department's Antitrust Division for his
] purchases of stock in a drug company and a waste-hauling
] firm.

Doh

[ Of course, if you do the ratio of $800k:$40B and then do $X:$your_net_worth, and solve for X this amounts to less than a parking ticket in relative terms. It's a lot of money, but fortunately for him, he has it, a lot. -k]

Microsoft Gates fined $800,000 for antitrust violations - May. 3, 2004



 
 
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