Intel Fined $1.45 Billion by EU for Antitrust Violations - 05/13/09 09:42 PM
Sometimes it's not a great thing to break records. Just ask Intel today:
they are now hold the record for the largest fine ever handed out by the
European Commission. The fine is about $1.45 billion; with 'B'. The reason
behind the decision: Intel had "skewed competition and denied consumers a
choice for chips." The previous high water mark for fines from the EC was
Microsoft's $675 million in 2004 for blocking competition in markets of
server software.
URL: http://www.pcper.com/article.php?aid=710
Quote: "The second violation, one that was likely more difficult to prove,
was that Intel made direct payments to computer manufacturers to delay the
launch of new systems/products containing new AMD x86 processors. When AMD
had a new highly competitive CPU to offer, Intel would basically pay off the
system vendors to not build new systems using them at launch, if at all."
Thanks for a post!
Ryan Shrout
PC Perspective
rshrout ( -at -) pcper.com
they are now hold the record for the largest fine ever handed out by the
European Commission. The fine is about $1.45 billion; with 'B'. The reason
behind the decision: Intel had "skewed competition and denied consumers a
choice for chips." The previous high water mark for fines from the EC was
Microsoft's $675 million in 2004 for blocking competition in markets of
server software.
URL: http://www.pcper.com/article.php?aid=710
Quote: "The second violation, one that was likely more difficult to prove,
was that Intel made direct payments to computer manufacturers to delay the
launch of new systems/products containing new AMD x86 processors. When AMD
had a new highly competitive CPU to offer, Intel would basically pay off the
system vendors to not build new systems using them at launch, if at all."
Thanks for a post!
Ryan Shrout
PC Perspective
rshrout ( -at -) pcper.com