Current:Home > MyEU hits Intel with $400 million antitrust fine in long-running computer chip case -Capitatum
EU hits Intel with $400 million antitrust fine in long-running computer chip case
View
Date:2025-04-12 10:20:41
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! (2)
Related
- The White House is cracking down on overdraft fees
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Trump invites nearly all federal workers to quit now, get paid through September
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- IOC's decision to separate speed climbing from other disciplines paying off
- Don't let hackers fool you with a 'scam
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- 9/11 hearings at Guantanamo Bay in upheaval after surprise order by US defense chief
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Former longtime South Carolina congressman John Spratt dies at 82
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Recommendation
Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing
A White House order claims to end 'censorship.' What does that mean?
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
US appeals court rejects Nasdaq’s diversity rules for company boards
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Federal hiring is about to get the Trump treatment