Microsoft hit with $1.3B fine

BRUSSELS, Belgium - The European Union is fining Microsoft Corp. $1.3 billion for charging rivals too much for software information.

EU regulators say the company charged `unreasonable prices' to software developers who wanted to make products compatible with the Windows operating system.

The fine is the largest ever for a single company and the first time the EU has penalized a business for failing to obey an antitrust order.