Yeah as someone living in Europe, I'm not really happy about that. Internet Explorer is an excellent tool to download Chrome or Firefox. It's like a bootstrapping browser. Very useful.
If not, blatant double standards given Apple's market share is increasing.
EDIT - another thought, since access to internet via phones is becoming more widespread, will the EU start imposing the same policies on mobile phone manufacturers...
EDIT #2 - Personally I think if the EU wants to force competition in the browser market, they should ensure that users get a choice of browsers with the pre-installed OS, otherwise with the browser not being included is potentially stumping the growth of internet availability to people who otherwise wouldn't have it.
Just to be clear, I'm not anti-Apple, I just dislike silly rulings that in themselves are anti-competitive, given they only apply to one company.
That said, I think the browser market is competitive enough nowadays that MS including a browser really is not that big a deal - OSes include browsers in the same way that cars come with steering wheels. I think this is more about punishing MS for past transgressions than anything else.