Article 6F0D8 European Commission Hits Intel With New Fine Over Antitrust Findings

European Commission Hits Intel With New Fine Over Antitrust Findings

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msmash
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The European Commission has re-imposed a fine of about $400 million on chipmaker Intel for abusing its dominant position in the x86 processor market. The move is the latest twist in an antitrust saga that has been now running for more than two decades. The Register: According to the Commission, the fine is in response to previously established anticompetitive practices by the silicon giant, aimed at excluding competitors from the market in breach of EU competition rules. The original fine handed to Intel in 2009 was for $1.2 billion, based on findings that the company had given incentives to PC makers to use its CPUs instead of those from rivals, or else delay the launch of specific products containing rival chips. These incentives consisted of wholly or partially hidden rebates for using Intel chips, or payments in order to delay launching products with rival chips, amounting to so-called "naked restrictions." It ultimately goes back to complaints from rival CPU maker AMD in 2000 and again in 2003 that Intel was engaging in anticompetitive conduct by offering rebates to vendors to favor Intel components. Intel fought the decision, but an appeal by the Silicon Valley outfit to have it overturned was initially denied in 2014. Then in 2022, the EU General Court partially annulled the 2009 ruling by the Commission, in particular the findings related to Intel's conditional rebates, and went on to nix the fine imposed on the company in its entirety.

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