Posts Tagged ‘ fine ’

Intel hit hard with $1.45 billion anti-competitive fine

May 13, 2009
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Intel hit hard with $1.45 billion anti-competitive fine

The European Commission for anti-competitive prices has fined Intel a record $1.45 billion, which smashes the previous record fine of 497million euros which was levied against Microsoft, in 2004. The Commission found that Intel illegally paid manufacturers (such as Dell, HP etc), and Media Saturn (which owns Europe’s biggest electronics retailer), to favour its...

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