|Antitrust: Commission imposes fine of €1.06 bn on Intel for abuse of dominant position; orders Intel to cease illegal practices|
Sunday, May 17, 2009
The European Commission Press Release on Its 1.06Bn Euro ($1.45Bn) Fine on Intel for "Abuse of Dominant Position" in the Microprocessor Business
17 May 2009
Much has been written about the record-setting fine that the European Union has imposed against American microprocessor giant, Intel. This is the gist of the basis by the EU for fining the maker of the Core 2 Duo, the Core 2 Quad and the present chip sensation Core I7 based on the Nehalem microarchitecture:
From the portal site of the European Union, this is their press release on the captioned issue:
Intel is reportedly appealing the ruling. It is hoped that whatever happens to this EU ruling that the microprocessor marketplace becomes a level playing field that will benefit consumers not only in Europe but around the world.