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Intel Receives Record Fine By the EU
Firefalcon writes "Intel has been fined a record 1.06 billion euros ($1.45 billion / £948 million) by the European Competition Commission after being found guilty of anti-competitive practices. This makes Microsoft's 497 million euro fine in 2004 (which was a record at the time) seem like a slap on the hand. Reports had previously suggested that the fine would be similar to Microsoft's. Intel was charged (among other things) with encouraging manufacturers and retailers to purchase fewer (or even not stock) AMD processors. More details of the ruling are on the European Commission's Competition website. Intel said they will appeal the fine."
Did you know the American companies seem to break the law a lot?
Doing business with the EU is just too risky. If I was intel I'd pay my fine and get out.
How could that possibly be illegal?
Because the government said it was. That's sort of how it works.
You're not daring to question the government are you? *ARE* you? After all, the EU is run by noble super beings with IQs of 5000 and a completely incorruptible nature.
We're going to have to jot your name down in a ledger, I'm afraid. Some men may come to ask questions.