The European Union’s €1 billion-plus fine of Intel, (nearly $1.5 billion) for illegal, monopolistic sales practices beats its Microsoft fine by more than €100 million.
It’s another sign, here in the 21st century, that the EU is serious about restraining big businesses’ attempts to avoid regulation in the post-WTO world.
Because the Eurozone has a larger population than the U.S., a more aggressive attitude on regulation, AND (at least for now, see poll in right-hand rail) a larger economy than America, these actions will continue to happen, and continue to mean something.
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