Europe to Nail Intel on AntitrustBy
Things are heating up in Brussels for the world's largest chipmaker, U.S.-based Intel (INTC). In a case with far-reaching implications for the technology sector and global antitrust enforcement, the European Union's top brass will probably decide on May 13 to find the dominant maker of computer processors guilty of violating EU monopoly rules. The penalty could include a large fine in excess of €1 billion ($1.36 billion) and restrictions placed on Intel's marketing practices. Spokespeople for both the European Commission and Intel declined to comment on the case or the news reports leaking out about it.
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