fine

Maija Palmer

Intel logoIntel has come out fighting, after being slapped with a record €1.06bn fine by the EU for anti-competitive practices. Paul Otellini, chief executive, responded almost instantly with a statement that Intel planned to appeal.

“Intel takes strong exception to this decision,” he said. So the Brussels lawyers and the computer industry can now look forward to a protracted battle before there is any sort of finality to this.

The fine is certainly enormous, dwarfing even the sums Microsoft has had to pay. However, it’s not clear how much this ruling will really change.