VTLGlobal an offshore web design and project development company

home   about us - services - resellers - careers - contact us
  Questions? Call 866.925.7563
 
VTL-offshore development news

 
» Home » News/Press releases  

Intel appeals Euro fine

 

July 23, 2009

AS EXPECTED, Chipzilla has decided to appeal the $1.45 billion fine walloped on it for its anticompetitive antics.

On the surface, Intel's defence sounds like it is accusing the European Competition Commission of crimes against humanity, or at least human rights abuses, for picking on the small obscure chipmaker.

However Intel's complaint is not quite as it sounds. It is not that the EU was torturing Intel executives.

Rather, according to top Intel brief Chuck Mulloy, the size of the fine was in contravention of Article Six of the European Convention for the Protection of Human Rights, which includes guidance for due process in legal proceedings.

Mulloy said that there has been a growing dialog among European Union lawyers and legal scholars on the increasing size of such civil fines in Europe and there are concerns about Article Six of the EU treaty.

It took the Commission eight years to decide that Intel gave secret rebates to computer manufacturers on the condition that they severely limit or completely exclude AMD from their products.

    Archive
    July 2009
     
    June 2009
    May 2009
    April 2009
    March 2009
    February 2009
    January 2009
    December 2008
    November 2008
    October 2008
     
     
 

Custom software development | Software outsourcing to India | Offshore employee leasing | Custom web development | Custom web site designing | Web marketing
SEO | Employee leasing options | Remote staffing options | Customer support | Privacy policy | FAQs | Contact us | Sitemap
Demo | Vtlglobal-Partners | Resources | Link Exchange | Links | Link2.....