Updated from 1:53 a.m. EDT
is expected to receive a heavy fine this week in Europe for anti-competitive practices, published reports say.
The European Union is expected to approve action formally against Intel at its weekly meeting of commissioners on Wednesday, the
Reports say the fine could top the more than 1 billion pounds ($1.52 billion) in combined fines that have been levied against
Intel's trouble with the European commission, the EU's executive arm, dates from 2000, when
Advanced Micro Devices
filed a complaint saying Intel was blocking its access to the market, the
Wall Street Journal
reports. In 2007, the EU sent preliminary charges to Intel, alleging Intel kept AMD out of the microprocessor market by paying computer makers rebates to keep their usage of AMD chips down and by selling chips below cost to thwart AMD from taking key accounts. The EU added more charges in 2008, alleging Intel paid a major retailer to keep computers that use AMD chips off its shelves, the
The commission on Wednesday also will tell Intel to change the way it provides rebates to computer makers, the
An Intel spokesman declined to comment for the newspapers.
Intel shares were dipping 1.1% to $15.13 in premarket trading.