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An account left frozen for eleven years finally recovered. Thank god.

EU fines Intel $1.4B, says it paid OEMs, retailer to exclude AMD products

In what may be a game-changing decision for Intel, the European Commission fined Intel the equivalent of $1.44 billion for not playing fairly.

For years, the evidence against Intel with regard to its business conduct in Europe has been treated as allegation, especially by anyone in the press with any serious intent of showing fairness. As of today, at least in Europe, it’s no longer an allegation: Intel cheated, says the European Commission this morning, in a decision that can best be described as the worst-case scenario for Intel coming to fruition.

This morning, the EC found that for a 62-month period beginning in October 2002, Intel paid German retailer MediaMarkt, which operates stores primarily in Germany and Russia (not an EU member), to sell Intel-based computers exclusively in its retail outlets. This based on evidence turned up during a February 2008 raid of Intel’s German offices.

Read more here….

Betanews.com

EU Hits Intel with $1.45B Fine for Antitrust Violations

“We do not believe our practices violated European law,” Otellini said in a statement. “The natural result of a competitive market with only two major suppliers is that when one company wins sales, the other does not. The Directorate General for Competition of the Commission ignored or refused to obtain significant evidence that contradicts the assertions in this decision. We believe this evidence shows that when companies perform well the market rewards them, when they don’t perform the market acts accordingly.”

Read more here….

PCMAG.COM