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Microprocessors - called "the engine" of the personal computer by Ms Kroes on Wednesday (Photo: stefan)

EU fines US chip-maker Intel historic €1.06bn

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...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

Microprocessors - called "the engine" of the personal computer by Ms Kroes on Wednesday (Photo: stefan)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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