CORP TALK: European Union (EU) antitrust regulators have pronounced that Intel Corp illegally paid computer makers to delay or cancel the launch of products equipped with chips from its rival, AMD, over an eight year period - this according to an earlier report by Reuters.

The decision is also set to determine the amount of a fine that will be imposed on the world’s largest chipmaker and how much of a change in business practices this verdict will have on the company.

UPDATE 13/05/09: A BBC  report has revealed that Intel has been fined a record 1.06 billion Euros, or US$1.45 billion with Intel announcing that it will appeal against the verdict. The largest fine levied before this by the European Commission for abuse of market dominance was 497 million Euros on Microsoft in 2004.

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