back to article European Commission hits Intel with new fine over antitrust findings

The European Commission has re-imposed a fine of €376.36 million (about $400 million) on chipmaker Intel for abusing its dominant position in the x86 processor market. The move is the latest twist in an antitrust saga that has been now running for more than two decades. According to the Commission, the fine is in response to …

  1. Anonymous Coward
    Anonymous Coward

    As ever…

    …the US innovates, China imitates, and the EU regulates and litigates. All the while expressing surprise that there are so few successful European tech companies. Unfair competition from those nasty Americans, yes, that’s what it must be, no other possible explanation…

    1. mark l 2 Silver badge

      Re: As ever…

      So the US 'innovation' is telling the PCs builder to delay launching products with rival CPUs now is it?

      Its the lack of regulation from the land of the free that means these multi billion dollar corps, can get away with these shady practices. As even if they do get caught in the US they get a slap on the wrist and a fine that amounts to a few mins of their yearly profits.

      Look how Microsoft got away with all their crap for decades and never really got any punishment for it from the US authorities.

  2. jonathan keith
    Mushroom

    Punitive damages?

    The EU should also be imposing hefty punitive damage fines on top of the basic financial penalties in all these cases against giant tech companies of whatever stripe, for whom a €350 million fine is pocket change.

    Something like €10 billion to start with, and a sliding upwards scale from there on. After all, it seems to be the only language these people understand.

  3. navarac Bronze badge

    The EU probably....

    ....sees big tech companies as a revenue stream! I would never trust bureaucrats or politicians any more than big tech and their shenanigans.

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