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The move comes just a day after Intel CEO Paul Otellini was reported to say that chip orders for Q2 2009 have been “a little better than we expected” and refused to comment on the antitrust case.

The E.U. competition commissioner, Neelie Kroes, said the penalty against the world’s largest chip maker was justified because the company had skewed competition and robbed consumers of choice.

Kroes said Intel “used illegal anticompetitive practices to exclude its only competitor and reduce consumers’ choice — and the whole story is about consumers,” adding that Intel’s practices “undermined innovation.”

From her remarks at the press conference:

“The Commission Decision contains evidence that Intel went to great lengths to cover-up many of its anti-competitive actions. Many of the conditions mentioned above were not to be found in Intel’s official contracts. However, the Commission was able to gather a broad range of evidence demonstrating Intel’s illegal conduct through statements from companies, on-site inspections, and formal requests for information.”