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|13th May 2009, 15:03||#1|
Join Date: May 2002
Intel slapped with a record $1.45 billion fine
Wintel alliance, so known in the 1980s and 1990s got slapped with a record 1.6 billion Euro fine. Microsoft had to pay 497 million Euro back in 2004 and now Intel Corporation received a 1.06 billion Euro fine.
According to current change rates, 1.06 billion EUR amounts to 1.45 billion USD. This is an outcome of a nine-year investigation lead by the European Commission, an investigation that started after AMD filed a complaint in regards to cases in Germany [MediaMarkt and Saturn] and then it spread across the European Union.
We predicted that the verdict would be guilty and gave more details in our previous article, Intel set to lose billions in Denmark, EU, USA fines? The way how Intel used its MDFs was deemed "damaging" since it was proven that Intel used rebate schemes given to manufacturers if they only used Intel chips and in some cases, documentation was found stating that the "System Integrator" will receive funds if the company does not purchase AMD chips.
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