BRUSSELS -
The European Union fined Intel Corp. a record euro1.06 billion ($1.45 billion) on Wednesday and ordered the world's biggest maker of computer chips to stop illegal sales tactics that shut out Silicon Valley rival AMD.
The fine, which exceeded a euro899 million monopoly abuse penalty imposed on Microsoft Corp. last year, was denounced by Intel as "wrong." The company said it would appeal to an EU court within 60 days.
Full Story Here -->http://tech.yahoo.com/news/ap/20090513/ap_on_hi_te/eu_eu_intel
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