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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."

10 of 469 comments (clear)

  1. How did they pick the number? by niceone · · Score: 5, Funny

    1.066 GigaEuros - a number Intel can understand?

  2. Re:Intel Appealing? by v1 · · Score: 5, Funny

    wow, never saw that coming

    --
    I work for the Department of Redundancy Department.
  3. Re:That was 2 Euros of course by Anonymous Coward · · Score: 5, Funny

    (why does Slashdot not display the Euro sign correctly when pretty much every other internet forum does?)

    Just to piss you off.

  4. Re:Intel Appealing? by Sponge+Bath · · Score: 5, Funny

    Now witness the final battle between Captain Obvious and the Mighty Sarcasmo!

  5. Re:Intel Appealing? by stjobe · · Score: 5, Funny

    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
  6. Re:Intel Appealing? by Anonymous Coward · · Score: 5, Funny

    Now do you have any suggestions for drying coffee out of a keyboard?

    And Commander Cliche checks in.

  7. Re:That was 2 Euros of course by Dishevel · · Score: 5, Funny

    What are "Girls"?

    --
    Why is it so hard to only have politicians for a few years, then have them go away?
  8. Re:But where does all that money go? by Chris+Burke · · Score: 5, Funny

    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
  9. Re:But where does all that money go? by DarrenBaker · · Score: 5, Funny

    Hrmm... Interesting, interesting. I like it.

    And as for veracity?

  10. question mark? by Das+Auge · · Score: 5, Funny

    I don't think you understand the purpose of the question mark?