Current:Home > BackEU hits Intel with $400 million antitrust fine in long-running computer chip case-VaTradeCoin
EU hits Intel with $400 million antitrust fine in long-running computer chip case
View Date:2025-01-09 10:58:30
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! (463)
Related
- Pete Alonso's best free agent fits: Will Mets bring back Polar Bear?
- Democrat Cleo Fields wins re-drawn Louisiana congressional district, flipping red seat blue
- Voters in Oakland oust Mayor Sheng Thao just 2 years into her term
- Sean Diddy Combs' Lawyers File New Motion for Bail, Claiming Evidence Depicts a Consensual Relationship
- Minnesota county to pay $3.4M to end lawsuit over detainee’s death
- All the Ways Megan Fox Hinted at Her Pregnancy With Machine Gun Kelly
- Chris Pratt and Katherine Schwarzenegger welcome their first son together
- NFL Week 10 winners, losers: Cowboys' season can no longer be saved
- She was found dead while hitchhiking in 1974. An arrest has finally been made.
- Former NFL coach Jack Del Rio charged with operating vehicle while intoxicated
Ranking
- Mississippi governor intent on income tax cut even if states receive less federal money
- NATO’s Rutte calls for more Western support for Ukraine, warns of Russian alliances
- Britney Spears Reunites With Son Jayden Federline After His Move to Hawaii
- Georgia House Republicans stick with leadership team for the next two years
- Auburn surges, while Kansas remains No. 1 in the USA TODAY Sports men's basketball poll
- 'We suffered great damage': Fierce California wildfire burns homes, businesses
- Bowl projections: SEC teams joins College Football Playoff field
- All the Ways Megan Fox Hinted at Her Pregnancy With Machine Gun Kelly
Recommendation
-
Former North Carolina labor commissioner becomes hospital group’s CEO
-
Threat closes Spokane City Hall and cancels council meeting in Washington state
-
Voters in California city reject measure allowing noncitizens to vote in local races
-
NFL Week 10 winners, losers: Cowboys' season can no longer be saved
-
Dozens indicted over NYC gang warfare that led to the deaths of four bystanders
-
How Leonardo DiCaprio Celebrated His 50th Birthday
-
Wall Street makes wagers on the likely winners and losers in a second Trump term
-
Cavaliers' Darius Garland rediscovers joy for basketball under new coach