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Financial News

Wednesday May 13, 08:36 PM

 

 

Intel has said it would appeal against a European Commission decision to fine them 1.06 billion euros

By Lennart Preiss

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The logo of US semi-conductor company Intel can be seen on a transparent computer in March 2009. EU antitrust regulators have fined Intel a record 1.06 billion euros (1.45 billion dollars), claiming it uses its stranglehold on the microchip market to crush its main rival illegally. The logo of US semi-conductor company Intel can be seen on a transparent computer in March 2009. EU antitrust regulators have fined Intel a record 1.06 billion euros (1.45 billion dollars), claiming it uses its stranglehold on the microchip market to crush its main rival illegally.


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