Computer chipmaker Intel has been fined a record 1.06bn euros ($1.45bn; L948m) by the European Commission for anti-competitive practices. It dwarfs the 497m Euro fine levied on Microsoft in 2004 for abusing its dominant market position. Intel has announced that it will appeal against the verdict.

The fine was welcomed by AMD, which had lodged complaints in 2000, 2003 and 2006. “The EU decision will shift the power from an abusive monopolist to computer makers, retailers and above all PC consumers,” said Giuliano Meroni, AMD’s European president. The Commission has also ordered Intel “to cease the illegal practices immediately to the extent that they are still ongoing”.

to be fined – być ukaranym (karą pieniężną)
anti-competetive practices – praktyki antykonkurencyjne (w polskim prawie „praktyki ograniczające konkurencję”)
to abuse one’s dominant market position – nadużywać pozycji dominującej na rynku
to appeal against the verdict – odwoływać się do wyroku
to lodge complaints – wnosić skargę
monopolist – monopolista
consumer – konsument
illegal practices – niedozwolone praktyki

Source: www.bbc.co.uk

Edited by: Anna Sienkiewicz

Here, you can read more about this (in polish).