Intel has to pay the $1.45 billion dollar fine within three months, the Commission said, adding that the money would go to the EU’s central budget, “thus reducing the contributions that Member States pay to the EU.” CNET reported
The EU’s stimulus package is fining US companies? Germany and and other EU nations have been hesitant on using their own revenue to fund a stimulus package, but now they found a new source! American companies!
Clearly the EU Anti-Trust suit is aimed squarely at foreign companies to bankroll the EU’s dwindling account balances.
This is not the proper way to raise revenue…. what’s next? Apple’s iphone marketshare is too big?