Intel Says Europe Erred in Levying $1.4 Billion Fine

[AP] The Intel Corporation, the computer chip maker, is claiming in court documents that European Union regulators made serious mistakes in levying a record fine of €1.06 billion (US$1.45 billion) last May on a charge of illegally restricting a competitor.In a legal plea published Tuesday in the European Union’s Official Journal, Intel is asking a European Union court to overturn the antitrust decision or reduce the “manifestly disproportionate” fine.
http://www.nytimes.com/2009/09/16/technology/companies/16chip.html

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.