Some people say yes:
American technology advocates and legal experts have roundly condemned the EU's decision to fine Intel nearly a billion pounds for breaking anti-trust laws.
Grant Aldonas, Senior Advisor at the bipartisan Center for Strategic and International Studies (CSIS), says, "This is a potentially costly ruling for both the United States and Europe. It could lead to higher computer prices, which will hinder investment in information technology, making both economic recovery and improvements in our long-term competitiveness more difficult."
He went on to say, "I can't help but wonder whether the EU's singling out of an American company for this sort of fine isn't protectionism by another name, with the fine replacing the more conventional means of protection, like tariffs, that the WTO now enjoins."
