• By John Herrman
    May 13, 2009 7:13 AM 0
    read more: #intel, #intelantitrustfine, #145billionintelfine, #intelfine, #eu, #ec, #europeanunion, #antitrust, #amd

    Intel Smacked With Staggering $1.45 Billion Fine in Euro Antitrust Case

    In the largest trust-busting fining in EU history—about twice as severe as the infamous Microsoft antitrust ruling of 2004 and a hair worse than the ensuing $1.44 billion penalty for noncompliance—Intel has been ordered to pay $1.45 billion by European Commission regulators. What the hell did they do?

    EU competition commissioner Neelie Kroes said Intel had pursued a strategy aimed mainly at excluding A.M.D. by paying computer makers and retailers to postpone, cancel or avoid A.M.D. products entirely.

    Ok, that does sound pretty bad. [NYT—Thanks, Mikael!]


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