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Intel Fined $1.45 Bln by EU for Abuse of Dominance

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Uploaded by on May 13, 2009

EU Competition Commissioner Neelie Kroes tells a press conference in Brussels that she has decided to slap a record fine of 1.06 billion euro ($1.45 billion) on the world's biggest chip maker Intel Inc. for having abused its market position at the expense of consumers.

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  • illegal is illegal, companies should compete fairly with each other, to improve customer satisfaction and to pushing innovation....

  • Thank god for the EU, we'd be in some kind of 1920's monopoly world where giant companies lied, cheated, and stole with no regards for anyone else without them. Also shameful how weak and useless the US' regulatory framework is to do nothing.

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All Comments (45)

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  • I wanted to thank you for this great video! I definitely enjoying every little bit of it.

  • these bureaucrats just love pushing for lower standards of living dont they

  • @androsblaze It's 99% of the high-tech in the U.S. that are discriminating against Americans because they are white and secondly because they are over a certain age. Discrimination is a FELONY! A "pact" with the EEOC is absurd. Those doing the discriminating should be EXECUTED! I have been picketing ITT in Clifton, NJ for the last 8 months 5 days a wk. My signs: DEPORT ASIANS, INDIA, H-1B! AMERICAN JOBS R ONLY 4 AMERICANS! FDR: 1932 NO IMMIGRANTS FOR AMERICA! Foreigners IS the problem.

  • @androsblaze

    aha, perhaps you teaching to think deeper into before you write something.

  • @StevensiTX Well you could try. :P

  • @njattack I'm going to assume you mean other than Silicon Valley tech, because I found that article, and at the time of its writing only Intel had signed on with the EEOC. Granted, that was six years ago.

  • @androsblaze

    The answer from you shows me that you may be superficial, no one can do in a short time knowing how useful are comments from a user. :D

  • @androsblaze I read an article that said Intel discriminates so much against Americans that it made a "pact" with EEOC. But then the EEOC is another useless & corrupt organization paid off by high-tech. Not a single State's Attorney or Attorney General in 50 states ever investigates let alone prosecutes a single high-tech company for discrimination against Americans. Pure political corruption.

  • @njattack

    Alright, and it'll be you and lots of other people like you not buying their tech that sends them the message or drives them out of business. The U.S. Justice system is irrelevant to the scenario you describe (except for the patent infringement, obviously).

  • @StevensiTX

    ...what you just said made no sense at all. Could you learn grammar before you try and make a point, please?

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