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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."
To the fucktarded commies that make up the European Union all fucking businesses=Antitrust. The European Union hates Capitalism and they are the new USSR.
Natrually this comment will be modded down by the fucktarded shitdot sheeple as they all love fucking communism. Of course they are all a bunch of fucktards who should go and collectively slit their fucking wrists anyways.
GO AHEAD FUCKING FLAME AWAY OR WASTE YOUR GODDAMNED MOD POINTS FUCKTARDED SHITDOT SHEEPLE.
Who says the EU plans to stop with just Intel? I suspect they'll be hitting a lot more non-European companies with these fines if the recession continues (European companies will get a free pass, of course).
SJW: Someone who has run out of real oppression, and has to fake it.
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.
Wow slashdot, wow...
The musings of just another geek and his junk.
I must agree, this seems like EU is not even in the business entirely, but they can sure make some money out of it! I would love it if Intel said "No! We won't pay, and we're withdrawing from Europe - No more Intel chips in EU" But they won't, they'll knuckle under. They also do.
The action against Microsoft does not seem to have hindered Microsoft's behavior in the slightest and so even though tremendously more aggressive than the action against Microsoft in the U.S., it was clearly not enough.
What behavior are you referring to this time? Including a web browser with their OS?
How dare they do that! Need to teach them a lesson again. Perhaps more record fines will ensure that they learn: they need to cripple their products. See, that will be good for consumers. Because it's certainly impossible to install a different web browser on Windows...
Intel never had a gun to anyones head and every time I bought an AMD chip because they weren't the big evil Intel I was very displeased. Why is the government trying to force AMD on people? I love Intel chips, never had a problem with a single one. Now do I have to buy AMD chips so my favorite CPU manufacture doesn't get fined by the EU government? Seems like they got a gun to Intel's head (so to speak) and are telling me "buy AMD or Intel gets it".
"Why, because they actually do what they're supposed to be doing? You have an odd definition of "sick joke" there."
No, because they are lining their pockets with money in the name of protecting people. Lets see where that money goes when they get it. I'll bet it isn't into the hands of those who were supposedly wronged by Intels practices.
The EU has become nothing but a big welfare state sucking off the tit of American industry. Waaaa Waaaa we can't compete, give us money!!!!
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.
Is there no american company the EU has not brought litigation against?
IBM, Boeing, Microsoft and now Intel
So I say to the EU, FU, you Eurotrash Socialist Twits. One day probably sooner than later, when the US wakes up and decides your security tab should be paid by you and you only, you will wonder what to do and realize the socialist paradise you have created is not sustainable.
At that point you may need to expand the litigation to your own backyard.
How could that possibly be illegal? Sounds like a necessary part of business?
Yes. Just like breaking a few legs is a necessary part of running a protection racket.
So offering someone an incentive to be your exclusive retailer (ie, paying them out of your own pocket, ie, *giving* them money) is the same as threatening them with bodily harm (ie, busting their kneecaps)? Wow.
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.
I propose Intel just do not sell any CPU to EU.
European have gone too far, they will destroy us all