EU fined $1.45bn on Intel for anti-competitive practices

Computer chipmaker Intel has been fined a record 1.06bn euros ($1.45bn; £948m) by the European Commission for anti-competitive practices. It dwarfs the 497m euro fine levied on Microsoft in 2004 for abusing its dominant market position. The Commission found that between 2002 and 2007, Intel had paid manufacturers and a retailer to favour its chips […]

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Computer chipmaker Intel has been fined a record 1.06bn euros ($1.45bn; £948m) by the European Commission for anti-competitive practices. It dwarfs the 497m euro fine levied on Microsoft in 2004 for abusing its dominant market position. The Commission found that between 2002 and 2007, Intel had paid manufacturers and a retailer to favour its chips over those of Advanced Micro Devices (AMD). Intel has announced that it will appeal against the verdict.

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