Eu Fines Intel For Anticompetitive Practices

The European Commission has imposed a fine of €1.06 billion on Intel Corp. for violating EC Treaty antitrust rules on the abuse of a dominant market position by engaging in illegal anticompetitive practices to exclude competitors from the market for x86 central processing units (CPUs).

Rebates such as those applied by Intel are recognized in many jurisdictions around the world as anti-competitive and unlawful because the effect in practice is to deny consumers a choice of products.

Update: Intel is appealing the decision. Russia recently initiated anti-trust enquiries against Intel.


Source: X-bit Labs