European Commission conducting anti - trust investigation nearly two years ago . Commission determining that Intel abused its dominant position in the European market . Commissioner : Fine is the largest ever imposed by European Commission . NEW : Otellini added that the company had never sold products below cost but had invested in innovation , manufacturing and developing leadership technology with the result that it could `` discount our products to compete in a highly competitive marketplace . '' Intel : CEO says it takes strong exception to the ruling , will appeal .
European Commission conducting anti - trust investigation nearly two years ago . Commission determining that Intel abused its dominant position in the European market . Commissioner : Fine is the largest ever imposed by European Commission . NEW : Intel : CEO says it takes strong exception to the ruling , will appeal .