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EU Levies EUR1.06Billion Antitrust Fine On Intel
[13 May 2009 | No Comment | ]

Intel Corp. (INTC) will have to pay a record EUR1.06 billion fine for breaking European antitrust laws, the European Commission said Wednesday.
The executive arm of the European Union found the world’s largest computer chip maker illegally kept smaller rival Advanced Micro Devices Inc. (AMD) out of competition by paying computer manufacturers and retailers not to use its products.
The commission said …