EU hits Intel with $400 million antitrust fine in long-running computer chip case

Norge Nyheter Nyheter

EU hits Intel with $400 million antitrust fine in long-running computer chip case
Norge Siste Nytt,Norge Overskrifter
  • 📰 AP
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

European Union antitrust enforcers have slapped Intel with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year.

The European Commission imposed the 376.4 million-euro fine after a court threw out an original 1.06 billion-euro penalty issued in 2009 over allegations that the Santa Clara, California-based company used illegal sales tactics to shut out smaller rival AMD.

The commission, the 27-nation bloc’s top antitrust watchdog, accused Intel of abusing its dominant position in the global market for x86 microprocessors with a strategy to exclude rivals by using rebates and sales restrictions. The EU’s General Court last year annulled the original decision, saying that the commission’s analysis of the rebates didn’t meet legal standards.

However, the court confirmed that the sales restrictions amounted to an abuse of Intel’s dominant market position. It couldn’t decide how the total fine could be divided up between the two offenses, leaving the commission to come up with a new number. “The lower fine imposed by today’s decision reflects the narrower scope of the infringement compared to the 2009 Commission decision,” the EU watchdog said.The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

AP /  🏆 728. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

This Echelon Smart Exercise Bike is over $400 off today on AmazonThis Echelon Smart Exercise Bike is over $400 off today on AmazonSave on cycling today on Amazon!
Les mer »

Start the new NBA season with a new TV: Save $400 on a 4K TVStart the new NBA season with a new TV: Save $400 on a 4K TVThe TCL 85-inch Class S4 Smart TV is $400 off, bringing the price from $1,400 to $1,000 while this deal lasts. It'll be perfect for upcoming NBA games.
Les mer »

The U.N. system is 'sclerotic and hobbled' and needs urgent reform, top European Union official saysThe U.N. system is 'sclerotic and hobbled' and needs urgent reform, top European Union official saysA top European Union official says Russia’s invasion of Ukraine has exposed an urgent need to reform the “sclerotic and hobbled” global decision making at the United Nations
Les mer »

Carbon-Disclosure Rules for U.S. Companies Are Coming Sooner Than ExpectedCarbon-Disclosure Rules for U.S. Companies Are Coming Sooner Than ExpectedCalifornia and the European Union are set to approve regulations on emissions that cause climate change.
Les mer »

Researchers monitor invasive mysterysnail in PennsylvaniaResearchers monitor invasive mysterysnail in PennsylvaniaA new UN report finds that invasive species are a major threat to biodiversity, food security, and human health worldwide, and cost the global economy over $400 billion annually.
Les mer »

You might not be able to afford Intel's new Core Ultra CPUsYou might not be able to afford Intel's new Core Ultra CPUsIntel Meteor Lake might be taking AI capabilities to the next level, but all of that power is going to come at a high price.
Les mer »



Render Time: 2025-02-28 19:19:26