Intel fined €1.06bn for anti-competitive practices

13 May 2009

Chip maker Intel has been fined €1.06bn for breaking European anti-competitive rules. The company was accused illegally trying to damage rival processor manufacturer AMD's business. The European Commission said that Intel, which has around an 80% share of the CPU market, broke competition rules by giving rebates to computer manufacturers Dell, Acer and Lenovo, NEC and HP in return for them buying most of the processors they require from Intel.

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