Intel fined 1.45 billion by the EU for anti-competitive practices; will appeal decision
May 13th, 2009
Intel faces a record 1.45 billion fine imposed by the EU on Tuesday for alleged anti-competitive practices designed to muscle its rival AMD out of the chipset market in Europe. The eight-year investigation into the company began in 2001 after AMD filed a complaint about Intel the year prior. Results of the EU investigation reveals …