"Of all the enemies to public liberty war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes … known instruments for bringing the many under the domination of the few.… No nation could preserve its freedom in the midst of continual warfare."
- James Madison
1.06 GigaEuros
Wednesday, May 13, 2009 | Permalink

EU fines Intel €1.06 billion in the EU antitrust case. Justice at last I guess you could say. Not a day too soon and hardly surprising given the shenanigans that's been going on for so long. Intel will of course appeal, but I think their chances at getting a particularly much more favorable verdict are slim given the facts on the table. A more interesting question is if it will actually change Intel's behavior. I'm doubtful. Although the fine is the largest ever it's probably only a fraction of the profits Intel made over their years from their illegal activities.

Also worth reading:
Will fine force Intel to change its ways?

[ 1 comments | Last comment by mark (2009-05-31 21:46:56) ]