Thursday, May 14, 2009

Why Intel (really) Rulez

Europe Fines Intel $1.45 Billion in Antitrust Case

BRUSSELS — The European Commission fined Intel a record 1.06 billion euros Wednesday for abusing its dominance in the computer chip market, the strongest sign yet that regulators worldwide are serious about opening the technology sector to competition.

The European Union's competition commissioner, Neelie Kroes, said the penalty against Intel, the equivalent of $1.45 billion, was justified because the company had skewed competition and denied consumers a choice for chips.

Sorry Trevor, it has nothing to do with their "clever" marketing. Read the rest here.

2 comments:

Nick said...

I like how Europe can sue things

Honefone said...

I want to sue Europe for exceeding their annual Guido production.