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Intel Receives Record Fine By the EU

Posted by Soulskill on from the going-for-the-high-score dept.

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."

3 of 469 comments (clear)

  1. Re:How did they pick the number? by hedwards · · Score: 0, Troll

    Lazy damned Euros, not a hard working honest currency like the USD. Perhaps if they hadn't taken in all those worthless good for nothing Lyre, they wouldn't have any trouble paying for Intel's misdeeds.

  2. Re:GOOD GOOD AND GOOD by CmdrGravy · · Score: 0, Troll

    Yep the EU sure works great when it comes to trade. Where it falls down is where it branches out into making all sorts of other laws.

  3. This is not a serious comment * by The+End+Of+Days · · Score: 0, Troll

    Yes, but on the other hand, fuck Europe. Why bother catering to whiny bitches who only know how to leech their high-tech goods from AMERICA FUCK YEAH! and then demand tribute in the form of fines to allow the sales to continue?

    And get off our Internet while you're at it.

    *bet you're offended anyway.