Intel Still Under Fire for Antitrust, Appeals to EU
Intel Still Under Fire for Antitrust, Appeals to EU
Posted 07/23/2009 at 8:00am
| by Paul Lilly
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After an 8-year investigation, the European Union nailed Intel with a record-setting $1.45 billion fine this past May, finding the chip maker guilty of anticompetitive practices. As was expected, Intel has filed an appeal with Europe's second highest court, the Luxembourg-based Court of First Instance.
"We believe the European Commission misinterpreted some evidence and ignored other pieces of evidence," Intel spokesman Robert Manetta said.
The $1.45 billion fine ranks as the highest ever imposed by the EU to a company, which represents 4.15 percent of Intel's 2008 turnover. Even worse (for Intel), some analysts say the Commission's finding could lead to its U.S. counterparts also taking legal action against the chip maker.
Image Credit: Flickr Joe Gratz
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Estesvet
December 16, 2009 at 2:05pm
So if someone at intel broke aniti-trust laws why are they not being personally fined or fired? Why do I have to pay for someone elses mistakes becuase just like companies giving out bounus after government bailouts, where is the real justice?
Caboose
July 23, 2009 at 8:27am
I want to see the EU take on Apple next! They bundle Safari with MacOS (like WIndows Bundling IE), and then there's all the crap with iTunes!
-= I don't want to be dead, I want to be alive! Or... a cowboy! =-
nekollx
July 23, 2009 at 9:32am
yeah like itunes not syncing with anything but Ipod!
Anti competitive! SUE SUE
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