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EU fines Intel record $1.45B for sales tactics (AP)

The logo of US semi-conductor company Intel can be seen on a transparent computer in March 2009. EU antitrust regulators has said they had fined Intel a record 1.06 billion euros (1.45 billion dollars) for using its grip on the microchip market to thwart rivals illegally.(AFP/DDP/File/Lennart Preiss)AP – The European Union fined Intel Corp. a record euro1.06 billion ($1.45 billion) on Wednesday and ordered the world’s biggest maker of computer chips to stop illegal sales tactics that shut out Silicon Valley rival AMD.

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This entry was posted on Wednesday, May 13th, 2009 at 9:18 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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