Current:Home > MarketsEU hits Intel with $400 million antitrust fine in long-running computer chip case -TradeWise
EU hits Intel with $400 million antitrust fine in long-running computer chip case
View
Date:2025-04-17 17:43:24
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! (9198)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Washington state stockpiles thousands of abortion pills
- Judge's ruling undercuts U.S. health law's preventive care
- Documents in abortion pill lawsuit raise questions about ex-husband's claims
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- How Congress Is Cementing Trump’s Anti-Climate Orders into Law
- Get $148 J.Crew Jeans for $19, a $118 Dress for $28 and More Mind-Blowing Deals
- Documents in abortion pill lawsuit raise questions about ex-husband's claims
- A White House order claims to end 'censorship.' What does that mean?
- Big Pokey, pioneering Houston rapper, dies at 48
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- The big squeeze: ACA health insurance has lots of customers, small networks
- Transcript: Former National Security Adviser H.R. McMaster on Face the Nation, June 18, 2023
- Aerie's Clearance Section Has 76% Off Deals on Swimwear, Leggings, Tops & More
- Meta donates $1 million to Trump’s inauguration fund
- Dua Lipa and Boyfriend Romain Gavras Make Their Red Carpet Debut as a Couple at Cannes
- These Amazon Travel Essentials Will Help You Stick To Your Daily Routine on Vacation
- Q&A: Plug-In Leader Discusses Ups and Downs of America’s E.V. Transformation
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
Where gender-affirming care for youth is banned, intersex surgery may be allowed
Days of 100-Degree Heat Will Become Weeks as Climate Warms, U.S. Study Warns
The future availability of abortion pills remains uncertain after conflicting rulings
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Joy-Anna Duggar Gives Birth, Welcomes New Baby With Austin Forsyth
You're less likely to get long COVID after a second infection than a first
Sherri Shepherd tributes 'The View' co-creator Bill Geddie: 'He absolutely changed my life'