anon
05.05.09, 00:38
Business analysts predict that Intel Corp could be in line for the single largest court-ordered fine in European history, in a case regarding anti-competitive practices put together by the European Union. The EU is currently investigating the chip manufacturer for many misdemeanors, including offering discounts to manufacturers that use Intel products, as well as encouraging them not to use rival company AMD's hardware.
"I would be surprised if the fine isn't as high or higher than in the Microsoft case," States Howard Cartlidge, head of the EU competition group at law firm Olswang in London, told The New York Times. "Technology markets are where the European Commission has perceived particular problems due to dominant companies."
The legal analysis estimates that the fine could in fact far exceed €1,000,000,000 - double the €500,000,000 fine heading Microsoft's way. This follows a guilty verdict that has already slapped Intel in Japan and Korea and is a joint effort between EU and US Federal Trade Commission investigators.
TechConnect Magazine - Intel face greatest fine in EU history (http://www.tcmagazine.com/comments.php?id=26187&catid=6)
"I would be surprised if the fine isn't as high or higher than in the Microsoft case," States Howard Cartlidge, head of the EU competition group at law firm Olswang in London, told The New York Times. "Technology markets are where the European Commission has perceived particular problems due to dominant companies."
The legal analysis estimates that the fine could in fact far exceed €1,000,000,000 - double the €500,000,000 fine heading Microsoft's way. This follows a guilty verdict that has already slapped Intel in Japan and Korea and is a joint effort between EU and US Federal Trade Commission investigators.
TechConnect Magazine - Intel face greatest fine in EU history (http://www.tcmagazine.com/comments.php?id=26187&catid=6)