Global General

Special

Newsmaker

Asia Pacific

America

Middle East

Europe

Africa

EU hands down record antitrust fine to Intel

(Agencies)
Updated: 2009-05-14 09:30

"When you look at HP, they've been the more balanced player, they use a fair amount of AMD maybe because of their consumer focus," Wu said. "But with Dell it's a little different, they've been very loyal to Intel."

Related readings:  EU hits Intel with record $1.45b fine  Intel draws EU regulator's wrath  Intel says committed to Chinese investments  Intel might expand $2.5b investment in Dalian  Intel to cut 6,000 jobs, close plants

The Commission ordered Intel to cease all illegal practices immediately. Otellini said in a statement it would appeal at the Court of First Instance, the EU's second-highest court.

Kroes said the EU antitrust sanctions would be carried out immediately. In a previous antitrust case against software giant Microsoft, the Commission froze its remedies during part of an appeal filed by that company.

Intel's general counsel, Bruce Sewell, told reporters he was "somewhat mystified" and unsure what the company needed to change. He said Intel had not yet begun talks with the Commission on how to comply with its ruling.

"This is really just a matter of competition at work, which is something I think we all want to see, versus something nefarious," Otellini added.

The Commission said Intel must pay the fine, which represents 4.15 percent of the company's 2008 turnover, within three months of being notified of the decision.

"The EC decision will signal a sweeping change in the IT industry," AMD's chief marketing officer, Nigel Nigel Dessau, wrote in a corporate blog. http://links.amd.com/EURuling

   Previous page 1 2 Next Page  

   Previous page 1 2 Next Page