Current:Home > ScamsEU hits Intel with $400 million antitrust fine in long-running computer chip case -AssetLink
EU hits Intel with $400 million antitrust fine in long-running computer chip case
View
Date:2025-04-18 17:04:07
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! (985)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Connor Ingram wins 2024 Masterton Trophy for perseverance
- Hailey Bieber’s Unexpected Pregnancy Craving Is No Glazed Donut—But She Doesn’t Want You to Judge
- Hailey Bieber Gives Glimpse Into Rhode to Pregnancy With Justin Bieber
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- US applications for jobless benefits come back down after last week’s 9-month high
- North Carolina lawmakers push bill to ban most public mask wearing, citing crime
- Justice Department to investigate Kentucky’s juvenile jails after use of force, isolation complaints
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Judge quickly denies request to discard $38 million verdict in New Hampshire youth center abuse case
Ranking
- Trump invites nearly all federal workers to quit now, get paid through September
- Florida deputy’s killing of Black airman renews debate on police killings and race
- Family of Lewiston shooter to testify before commission investigating tragedy
- Sen. Bob Menendez put his power up for sale, prosecutor argues in bribery trial
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Why Selena Gomez Felt Freedom After Sharing Her Mental Health Struggles
- The 15 new movies you'll want to stream this summer, from 'Atlas' to 'Beverly Hills Cop 4'
- Sun emits its largest X-class flare of the solar cycle as officials warn bursts from massive sunspot not done yet
Recommendation
Could your smelly farts help science?
Wyoming sheriff recruits Colorado officers with controversial billboard
North Carolina bill forcing sheriffs to aid immigration agents still under review in House
'Blue Bloods' Season 14, part one finale: Date, start time, cast, where to watch and stream
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
GameStop, AMC stock booming after Roaring Kitty's return. Will Trump Media stock follow?
After a 3-year search, suspect who texted 'so I raped you' to US college student arrested
Real Housewives' Brynn Whitfield Shares Hacks To Nail the Date, Get a Second Date & Get Engaged