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To: gvatty who wrote (247628)	2/12/2008 12:52:31 PM
From: pgerassi	Respond to of 275872

Dear Gvatty: Sorry according to EU Competition law, the fines can be imposed annually. Thus Intel could be fined for each year the illegal acts (which form a cartel with Intel as the only member, a monopoly). Quote from the EU itself: Annual fines totalling between EUR 0.5 billion and EUR 1 billion have been imposed in cartel cases. These fines go into the Community budget, help finance the EU and ultimately save taxpayers’ money. Perhaps more importantly, the risk of large fines deters companies from setting up or continuing cartels. From: ec.europa.eu Essentially, it can be 10% of the global revenue for the period in question rounded up to the next year. The largest single fine so far is the EUR 462 million fine against Microsoft. This will likely be bigger. Pete