Current:Home > reviewsEU hits Intel with $400 million antitrust fine in long-running computer chip case -Wealth Legacy Solutions
EU hits Intel with $400 million antitrust fine in long-running computer chip case
View
Date:2025-04-18 04:12:12
LONDON (AP) — European Union antitrust enforcers slapped Intel on Friday 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.
Intel’s European press team didn’t respond immediately to an email seeking comment.
veryGood! (9563)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Philippine military ordered to stop using artificial intelligence apps due to security risks
- Maluma Reveals He’s Expecting His First Baby With Girlfriend Susana Gomez in New Music Video
- Muslim organization's banquet canceled after receiving bomb threats
- What to watch: O Jolie night
- Making 'El Clásico' more classic: Barcelona to feature Rolling Stones logo on jersey
- No. 2 Michigan suspends staffer after NCAA launches investigating into allegations of sign-stealing
- Deshaun Watson gets full practice workload, on path to start for Browns
- Meta donates $1 million to Trump’s inauguration fund
- Bomb and death threats prompt major Muslim group to move annual banquet
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- New trial date set for father of Arizona boy who died after being locked in a closet
- Britney Spears says she had an abortion while dating Justin Timberlake: He definitely wasn't happy about the pregnancy
- Teen Mom's Kailyn Lowry Ate Her Placenta—But Here's Why It's Not Always a Good Idea
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Blac Chyna Shares Heartwarming Photo of Kids King Cairo and Dream Dancing
- How an undercover sting at a Phoenix Chili's restaurant led to the capture of canal killer
- Rattlesnake bites worker at Cincinnati Zoo; woman hospitalized
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Air France pilot falls off cliff to his death while hiking California’s towering Mount Whitney
Birmingham-Southern sues Alabama state treasurer, says college was wrongfully denied loan
'Old Dads': How to watch comedian Bill Burr's directorial debut available now
'We're reborn!' Gazans express joy at returning home to north
Well-known mountaineer falls to her death into crevasse on Mount Dhaulagiri, the world's 7th-highest peak
Why Joran van der Sloot Won't Be Charged for Murdering Natalee Holloway
Northern Europe continues to brace for gale-force winds and floods