Monday, May 11, 2009

Intel to face the largest EU fine ever

The Wall Street Journal reported that the EU will fine Intel for abusing it's market power. The Commission is expected to deliver it's decision soon. The EU has the power to fine Intel up to 10% of the annual turnover, which means that the resulting fine may be almost 4 million dollars (about 3 million euros).

Intel has had problems with the EU since 2000, when AMD complained filed a complaint saying that Intel was blocking its access to the market.

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