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EU hits Intel with $400 million antitrust fine in long-running computer chip case (apnews.com)
submitted 2 years ago by to c/technology@beehaw.org
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[–] 9 points 2 years ago (1 child)

Source for the revenue? Was only able to find figures in the $50-70bil range.

Profit $20-30bil.

Do you understand the case enough to make a more accurate judgement based on the relevant laws? I don't, but believe that the court does.

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  • [–] 10 points 2 years ago (1 child)

    The fine was 1b, 10 years ago. Nowadays chips have a geopolitical importance, so they lowered the fine to keep one of the most important player happy. Intel is finalizing contracts for billions here in Europe to build chip factories.

    This was a smart political move, not a mathematical operation

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