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."

Comments

Re:Free Pass?

[elrous0]

I stand corrected. But I still maintain that the EU doesn't plan to just stop with Intel. The recession just gives them more impetus to go after some big names. I suspect MS and Apple are in their sights as well (particularly given their grumblings over Apple and the iTunes/iPod lock-in in recent years).