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coderzone 13May2009 11:16

Intel gets competition fine
 
Intel, the computer chipmaker, is in line for one of the largest ever fines for anti-competitive behaviour handed out by the authorities in Europe.

The European Commission is expected to approve the penalty on Wednesday.

It is likely to be similar to the 497m euros ($650m, 480m) fine levied on Microsoft in 2004 for abusing its dominant market position. Some observers say the fine could be as high a one billion euros.

The Commission, the executive arm of the European Union, is also set to impose a "cease and desist" order requiring Intel to change its business practices.

http://news.bbc.co.uk/2/hi/business/8046393.stm


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