Microsoft Corporation (NASDAQ:MSFT) Accused Of Anti Competitive Behavior Over Windows 8 OS
Microsoft Corporation (NASDAQ:MSFT) was trading down 0.16% while the software programmer and technology service provider had been accused of having an anti-competitive behavior related to its forthcoming operating system, Windows 8.
The complaint has been filed by the Firefox browser, Mozilla that Microsoft had adopted the unfair practice of limiting Web access on some versions of Windows 8 to its own in-house browser, IE. Though there has been no formal complaint but the case is similar to the previous cases cited with complaints made to Europe over earlier moves by Microsoft to promote its own browser over rivals, which eventually led the software company to agree a settlement that gave PC users greater choice.
The Company in order to compete with Apple in the tabloids market is set to release a version of Windows that runs on low-power ARM processors, rather than the Intel-compatible chips it has always worked with in the past. The machines that will run on ARM processors have been designed so far only to work with the IE browser, excluding independent software like Firefox, Google’s Chrome and Apple’s Safari.
Shares of Microsoft Corporation (NASDAQ:MSFT) was trading at a low volume of 21.71 million shares as against the average trading volume of 45.56 million shares. The Company’s share has risen 18.18% year to date and was trading down 0.15% at $30.71.
Microsoft Corporation develops and licenses and supports software products and services. It designs and sells hardware, and delivers online advertising to the customers.