Yesterday, the EU handed down the largest fine in history for conducting anti-competitive business practices. The fine was handed to Intel in the amount of $1.45 Billion as a result of Intel’s sales of its microprocessing chips, which are used in (or tied to) most PC’s sold in the world. The EU fine comes on the heels of announcements by the Obama Administration that it will crack down on monopolistic practices, but after mergers such as Pfizer/Wyeth and Ticketmaster/Live Nation (purportedly) may pass anti-trust scrutiny in the US, it looks as though the EU will remain the forum of choice for smaller competitors to attack larger corporations that consume large market shares. More on the Intel fine at the WSJ here.
Ian McClure is a former corporate & securities and intellectual property law attorney with 
Trevor M. Blum is a former Associate in the Chicago-based, valuation practice group of Ocean Tomo, LLC., an intellectual property (IP) consultancy. Additionally, he provided instrumental research support to Intellectual Property Exchange International, Inc., an IP exchange start-up. Trevor holds a B.S. from Indiana University and is currently an MBA candidate at the University of Cambridge, focusing on international business and finance. His interests also include entrepreneurship, economics, and informational visualization. He enjoys running and cycling in his free time. Trevor seeks to bring a transnational business perspective to the blog. 
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