KingFish
3 May 2004, 6:59pm
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.
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.
Source: CNN (http://money.cnn.com/2004/05/03/technology/gates_penalty/index.htm?cnn=yes)
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.
Source: CNN (http://money.cnn.com/2004/05/03/technology/gates_penalty/index.htm?cnn=yes)