Intel Fined USD$1.45 Billion In AMD Antitrust Case
May 13, 2009
43 Comments
It’s official, the EU is, yes IS fining Intel €1.06 billion or USD$1.45 billion due to violations of antitrust rules in Europe. Those of you must have been wondering what’s been going on with this eh? EU ruled that Intel illegally used rebates to squeeze rivals out of the marketplace for CPUs. There goes a whole chunk of Benjamin!
Intel was ordered to cease the illegal practices immediately and has three months from the notification of the decision to pay up. Of course, Intel will appeal and this will drag the litigation on for years as did Microsoft. Regardless, we’ll bet that AMD, who raised the complaint against Microsoft back in 2000, will be celebrating come dawn in Sunnyvale.
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