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Intel is days away from a EU fine

by on11 May 2009

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Ruling could prove quite costly for Santa Clara


According
to The Wall Street Journal, chipmaker Intel will find its self on the receiving end of a ruling fining it for breaking EU antitrust laws. The WSJ claims Intel will have to change some of its rebate policies in Euroland as well, and that the final decision will be announced Wednesday.

The case stems from 2000, when AMD accused Intel of blocking access to the market, by offering system integrators rebates to stick with Intel CPUs over AMD products. The charges were expanded last year, when the EU alleged Intel paid a major retailer to drop AMD-based products out of retail.

If WSJ is right about the impending ruling, Intel could be fined with up to 10 percent of its annual revenue, which was $38 billion last year.

More here.
Last modified on 11 May 2009
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