Huge $1.45 billion, a new low

admin Tech Note

After the EU antitrust authority today leveled a €1.06 billion fine against Intel, the company’s general counsel Bruce Sewell gave an illuminating interview to CNBC:

We better come up with a better way to restrict the EU’s range of motion on these matters. Sewell called the action “arbitrary.” The CNBC reporters called it a “shakedown.” They’re both right. Read rest of post »