Current:Home > ContactEU hits Intel with $400 million antitrust fine in long-running computer chip case -Visionary Growth Labs
EU hits Intel with $400 million antitrust fine in long-running computer chip case
View
Date:2025-04-26 11:42:14
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! (4)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Crews battle untamed central Arizona wildfire, hundreds of homes under enforced evacuation orders
- Horoscopes Today, July 25, 2023
- DeSantis campaign shedding 38 staffers in bid to stay competitive through the fall
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Biden’s dog Commander has bitten Secret Service officers 10 times in four months, records show
- UK billionaire Joe Lewis, owner of Tottenham soccer team, charged with insider trading in US
- Most-Shopped Celeb-Recommended Items This Month: Kendall Jenner, Jennifer Aniston, Alix Earle & More
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Vanderpump Rules’ Ariana Madix Makes Dig at Ex Tom Sandoval on Love Island USA
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Teachers union sues state education department over race education restrictions
- Iran gives ‘detailed answers’ to UN inspectors over 2 sites where manmade uranium particles found
- Hundreds evacuated after teen girl sets fire to hotel sofa following fight with mom
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- How Timothée Chalamet Helped Make 4 Greta Gerwig Fans' Night
- Trans man's violent arrest under investigation by Los Angeles sheriff's department
- Marines found dead in vehicle in North Carolina identified
Recommendation
What to watch: O Jolie night
Bronny James, LeBron James' oldest son and USC commit, hospitalized after cardiac arrest
Chevrolet Bolt won't be retired after all. GM says nameplate will live on.
Where the 2024 Republican presidential candidates stand on China
Military service academies see drop in reported sexual assaults after alarming surge
Michael K. Williams’ nephew urges compassion for defendant at sentencing related to actor’s death
Chargers, QB Justin Herbert agree to 5-year extension worth $262.5 million, AP source says
Cambodia’s Hun Sen, Asia’s longest serving leader, says he’ll step down and his son will take over