Law Weblog

Record-breaking £1bn EU competition fine for Intel

Thursday 14 May 2009 at 7:37 am | In News | Post Comment Intel, the world’s biggest microchip maker, was yesterday handed a record-breaking €1.06bn (£950m) fine for anti-competitive behaviour by the European Commission.

The fine is the largest single fine ever handed down by Brussels, topping an €899m fine levied against Microsoft last year for failing to comply with a previous ruling, in which Microsoft was fined €497m.

Intel had abused its dominance of the microchip market to bully its customers into only buying its chips in the hope of squeezing rival Advanced Micro Devices (AMD) out of the market.

New report in PC Pro magazine, here