Software giant Microsoft (NASDAQ:MSFT) is being hit with a fine from the European Commission for not offering users a browser choice screen that would allow them to easily choose an alternate browser. Microsoft had previously committed in 2009 to including this screen in its Windows 7 Service Pack 1. The fine totals 561 million euros ($732 million).
Microsoft was previously in compliance with the agreement but last July, regulators noticed that Microsoft had stopped complying. The company acknowledged that there was a "technical error" within the Windows 7 Service Pack 1 and promised to correct it promptly, accepting responsibility for the mistake.
In a statement today, Microsoft again acknowledged the technical error that caused the problem and again took full responsibility. The company said it provided regulators with a complete assessment and took steps to improve software development to avoid future mistakes.
Fool contributor Evan Niu, CFA has no position in any stocks mentioned. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.