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In Europe, Intel Faces a Large Antitrust Fine
BRUSSELS — European antitrust regulators, which have been aggressively pursuing what they see as anticompetitive practices among technology companies, could impose their largest fine ever in a market-dominance case against the chip maker Intel.
The size of the penalty will be discussed by representatives from 27 European Union governments in early May. The decision would follow landmark rulings by the European Commission against Microsoft, which also is being investigated over its Internet Explorer browser, and a settlement with I.B.M., which is again the subject of a complaint.
The commission began investigating Intel in 2000 after Advanced Micro Devices, its archrival, filed a complaint. Both chip makers are based in the United States.
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Some legal experts speculate that Intel’s fine could reach about a billion euros, or $1.3 billion. Intel’s annual sales were $37.6 billion in 2008.
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Odd that this wasn't posted here...
More on this here
BRUSSELS — European antitrust regulators, which have been aggressively pursuing what they see as anticompetitive practices among technology companies, could impose their largest fine ever in a market-dominance case against the chip maker Intel.
The size of the penalty will be discussed by representatives from 27 European Union governments in early May. The decision would follow landmark rulings by the European Commission against Microsoft, which also is being investigated over its Internet Explorer browser, and a settlement with I.B.M., which is again the subject of a complaint.
The commission began investigating Intel in 2000 after Advanced Micro Devices, its archrival, filed a complaint. Both chip makers are based in the United States.
...
Some legal experts speculate that Intel’s fine could reach about a billion euros, or $1.3 billion. Intel’s annual sales were $37.6 billion in 2008.
...
Odd that this wasn't posted here...