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Europe set to levy fine against Intel, says report

5/8/2009 12:00 PM EDT
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Peter Clarke
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re: Europe set to levy fine against Intel, says report
Peter Clarke   5/14/2009 1:58:41 PM
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1) The money goes to the European Union and, I understand, must be paid within a matter of weeks regardless of the appeals process. If Intel wins on appeal it gets the money back. 2) Good question....but ultimately it is theoretically possible that Intel products and computers based on them would be banned from sale in the European Union. That would be a great benefit for AMD but in practice won't happen. Before that could happen we are talking about vague threats about the break down of free trade agreements and WTO, about trade imbalancs, and high-level discssions between heads of state to "iron out" the problem. And before that happens it is likely that Intel, wishing to be a good global citizen, will pay up - especially if the fine was reduced on appeal?. 3) The Court of First Instance is part of the European Court of Justice which is the judicial arm of the European Union and works in cooperation with the courts and tribunals of the 27 member states of the European Union

Shell9
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re: Europe set to levy fine against Intel, says report
Shell9   5/13/2009 1:36:31 AM
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1.) When levied and collected, to whom do these monies go? 2.) Why must Intel honor these fines and if they don't, what are the consequences? 3.) What country or countries is the court of 1st Instance connected? 4.) What court tries these cases? Thanks for your help sr

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