In the largest trust-busting fining in EU history—about twice as severe as the infamous Microsoft antitrust ruling of 2004 and a hair worse than the ensuing $US1.44 billion penalty for noncompliance—Intel has been ordered to pay $1.45 billion by European Commission regulators. What the hell did they do?
EU competition commissioner Neelie Kroes said Intel had pursued a strategy aimed mainly at excluding A.M.D. by paying computer makers and retailers to postpone, cancel or avoid A.M.D. products entirely.
Ok, that does sound pretty bad. [NYT—Thanks, Mikael!]