EU hits Intel with $1.45 billion antitrust fine
Updated at 6:57 a.m. PDT with AMD's response.
Intel has been fined more than 1 billion euros by the European Commission for violating antitrust legislation, following a lengthy investigation prompted by complaints made by its chipmaking rival Advanced Micro Devices.
Intel is being fined 1.06 billion euros ($1.45 billion) for engaging in illegal anticompetitive practices to exclude competitors from the market for computer chips called x86 central processing units (CPUs), the Commission said in a statement Wednesday.
"Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market … Read more