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Re: Elmer Phud post# 79947

Friday, 05/01/2009 4:33:50 PM

Friday, May 01, 2009 4:33:50 PM

Post# of 151694
The latest news articles on the size of an EU fine are not even based on a rumor. The original NY Times article was based on the opinion of a UK attorney who managed to garner a lot of attention for his comment. The attention is precisely what he desired.

http://www.nytimes.com/2009/04/30/technology/companies/30chip.html?_r=2

In the Intel case, “I’d be surprised if the fine isn’t as high or higher than in the Microsoft case,” said Howard Cartlidge, the head of the European Union and competition group at the law firm Olswang in London. “Technology markets are where the European Commission has perceived particular problems due to dominant companies.”

Some legal experts speculate that Intel’s fine could reach about a billion euros, or $1.3 billion. Intel’s annual sales were $37.6 billion in 2008.


Unless we are willing to accept the always powerful speculation of "some legal experts", we will just have to wait for the EC decision
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