Intel Fined A Record $1.45 Billion By EU

Boy, those suits in the European Union sure know how to dish out the fines. Just over a year after the EU ordered Microsoft to pay fines totaling $1.3 billion for withholding critical information from developers, the same entity has come forward and slapped Intel with a record-setting fine of $1.45 billion. Talk about unceremonious record breaking!The report states that Intel has been found guilty of “offering improper rebates and other discounts to discourage companies from buying microprocessors from its smaller

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