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EU hits Intel with $1.45 billion antitrust fine
Tech Business
Written by Daniel   
Wednesday, 13 May 2009 11:18

Intel has been fined more than 1 billion euros by the European Commission for violating antitrust legislation, following a lengthy investigation prompted by complaints made by its chipmaking rival Advanced Micro Devices.

 May 13, 2009 4:54 AM PDT
by David Meyer
C/Net News

Intel is being fined 1.06 billion euros ($1.45 billion) for engaging in illegal anticompetitive practices to exclude competitors from the market for computer chips called x86 central processing units (CPUs), the Commission said in a statement Wednesday. [Comments...]

 

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