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'European Commission fines Intel EUR 1 billion'.
(From DMEurope)
DMEUROPE-14 May 2009-'European Commission fines Intel EUR 1 billion' (C)2009 DMeurope.com (http://www.dmeurope.com) & DME Ltd. All rights reserved.
The European Commission has imposed a fine of EUR 1.06 billion on Intel for abuse of its dominant position on the market for computer chips. Intel is accused of engaging in illegal, anti-competitive practices to exclude competitors from the market for x86 central processing units (CPUs). In the period October 2002 to December 2007, Intel had at least a 70 percent share of the worldwide x86 CPU market. The commission found that Intel engaged in two specific forms of illegal practice. First, Intel …
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