Current:Home > NewsEU hits Intel with $400 million antitrust fine in long-running computer chip case -ChatGPT
EU hits Intel with $400 million antitrust fine in long-running computer chip case
View
Date:2025-04-18 18:57:16
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! (37)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- A Hospital Ward for Starving Children in Kenya Has Seen a Surge in Cases This Year
- Biden Administration Allows Controversial Arctic Oil Project to Proceed
- Holiday Traditions in the Forest Revive Spiritual Relationships with Nature, and Heal Planetary Wounds
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Up First briefing: State of the economy; a possible Trump indictment; difficult bosses
- 2023 Emmy Nominations Shocking Snubs and Surprises: Selena Gomez, Daisy Jones and More
- Natural gas can rival coal's climate-warming potential when leaks are counted
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Annoyed by a Pimple? Mario Badescu Drying Lotion Is 34% Off for Amazon Prime Day 2023
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Finding the Antidote to Climate Anxiety in Stories About Taking Action
- Amazon Prime Day 2023 Flash Deal: 52% Off a Revlon Heated Brush That Dries and Styles at the Time Same
- Amazon Prime Day 2023 Fashion Deal: 20% Off This Top-Rated Jumpsuit With Sizes Ranging From Small to 4X
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Turn Your House Into a Smart Home With These 19 Prime Day 2023 Deals: Ring Doorbell, Fire TV Stick & More
- One Man’s Determined Fight for Solar Power in Rural Ohio
- A first-class postal economics primer
Recommendation
Nevada attorney general revives 2020 fake electors case
Natural gas can rival coal's climate-warming potential when leaks are counted
Reese Witherspoon Addresses Speculation About Her Divorce From Jim Toth
What Is Pedro Pascal's Hottest TV Role? Let's Review
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
This Arctic US Air Base Has Its Eyes on Russia. But Climate is a Bigger Threat
Finding the Antidote to Climate Anxiety in Stories About Taking Action
El Niño will likely continue into early 2024, driving even more hot weather