The EU has fined US microchip supplier Intel €1.06 billion for paying its customers to keep a competitor out of the market in what amounts to the biggest EU antitrust fine in history.
"Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years," competition commissioner Neelie Kroes said, announcing the decision on Wednesday (13 May).
"If we smell that there is something rotten in the state, we ac...
Back our independent journalism by becoming a supporting member
Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.