Intel could face 'major antitrust fine'
Intel Communications, one of the largest technology companies in the world, could face a record antitrust fine from the European Union in the coming days.
The international organisation has accused Intel of practising anti-competitive business ethics on the continent, with 27 national governments in the EU coming together to judge the fate of the business in early May.
It is understood by many legal experts studying the case that the EU will hand down a fine of up to £900 million for their actions, which is above and beyond the fine handed down to Microsoft in 2004, where the organisation paid around £445 million for similar crimes.
Intel has long been on the EU watchlist after AMD, a rival manufacturer, accused the organisation of fixing deals with European retailers through incentive schemes to use its chips and ignore the competition.
The name Intel was adopted in 1968 following a brief spell as NM Electronics.
In a recent survey of SMEs for Connect, the two most important benefits of outsourcing were guaranteed response times and allowing in-house IT staff to concentrate on more strategic issues.

