Processors
EU Fines Intel $1.44 Billion in Antitrust Case
The European Commission Wednesday found Intel guilty of antitrust violations in the market for PC microprocessors and fined it $1.44 billion.
Competition Commissioner Neelie Kroes said that the antitrust action is primarily designed to protect consumers. “Intel has harmed millions of EU consumers,” she said, adding that the large fine meted out should “therefore come as [...]
Intel CEO ‘Strongly Disagrees’ with ‘Baffling’ $1.44B Antitrust Fine
Intel Corp. said today it intends to appeal the European Commission’s $1.44 billion fine for anticompetitive behavior in the chip market, with CEO Paul Otellini arguing that the EC “ignored or disregarded” evidence “refuting” its judgment.
“There were a number of documents from OEMs or between Intel and OEMs that refute what was claimed here,” said [...]
