EC fines Intel over $1bn for illegal practices
By Garry HJ | May 14th, 2009 | Category: Stocks & Shares | No Comments »The European Commission has imposed a fine of €1,060,000,000 on Intel Corporation for violating EC Treaty antitrust rules on the abuse of a dominant market position (Article 82) by engaging in illegal anticompetitive practices to exclude competitors from the market for computer chips called x86 central processing units (CPUs).
The announcement made yesterday is a major [...]

