Intel Fined by EU for Anti-Competitive Practices

by Irma Arkus

Intel has been charged by EU and fined for anti-competitive prices. The fine is largest to date, reaching the sum of $1.06 billion, and establishes that Intel has been paying off manufacturers and retailers to use Intel chips instead of AMD.

The Intel’s anti-competitive behavior has been confirmed for the period between 2002 and 2007. [BBC]