Slashdot Mirror
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."
1.066 GigaEuros - a number Intel can understand?
ccalam - acoustic versions of new songs.
wow, never saw that coming
I work for the Department of Redundancy Department.
(why does Slashdot not display the Euro sign correctly when pretty much every other internet forum does?)
Just to piss you off.
Now witness the final battle between Captain Obvious and the Mighty Sarcasmo!
Well played, Sir, well played indeed.
Now do you have any suggestions for drying coffee out of a keyboard?
"Total destruction the only solution" - Bob Marley
The Anonymous Coward read the article, tears came down his face. "Not my beloved intel!", he cried out loud.
The tears kept coming, he couldn't bare it anymore. The European Union had gone too far this time, the people had to know..
Instead, it's "I'll give you this great price, but only if you don't buy anything from my competitor."
But haven't I heard of people becoming the "exclusive" supplier for companies? Isn't this really just a normal business tactic?
No comprende? Let me type that a little slower for you...
Now do you have any suggestions for drying coffee out of a keyboard?
And Commander Cliche checks in.
What are "Girls"?
Why is it so hard to only have politicians for a few years, then have them go away?
They used a Pentium to calculate it?
Somebody below mentioned that according to the laws of the EU, Intel will have to pay now, and appeal later. Can anyone ascribe some truthiness to this?
It has a Truthiness factor of 7.
The enemies of Democracy are
Hrmm... Interesting, interesting. I like it.
And as for veracity?
I don't think you understand the purpose of the question mark?
Only a 2 I'm affraid.
Moderation: +4. Modded 70% Funny and 30% Overrated. 100% Saturated.
Ah, but that's a '2' on the old OOS (Old OOS Scale) scale. In modern terms, that's a 7 as well. Excellent. Gentlemen, we have a consensus factor of 54, with an implied hearsay vector calculated at 1, leaving us free to continue speculating.
I just want to say, "good work, gentlemen". We've cracked it!
Oh noes! Not secret deals! I have news for you, most deals between businesses are "secret" by this standard.
As to illegality, It was clear to me at least that the GP was clearly questioning the validity of the anti-trust laws. One way to challenge a law is by deliberately breaking it. I am not claiming that Intel was making a political statement, but what if they were?
120 characters isn't enough to explain it.
This is why we can't have nice things.
"The Adobe Updater must update itself before it can check for updates. Would you like to update the Adobe Updater now?"