European Union antitrust enforcers have slapped Intel with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year.
FILE - The Intel logo appears on a screen at the Nasdaq MarketSite, in New York's Times Square, on Oct. 3, 2018. European Union antitrust enforcers slapped Intel on Friday, Sept. 22, 2023, with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year, in a postscript to a case that dates back more than a decade.
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.Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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