Intel fined $400 million by EU for impeding sales of rival chips

Intel fined 0 million by EU for impeding sales of rival chips


The European Commission has imposed a €376.36 million ($400 million) fine on Intel for blocking the sales of devices powered by its competitors’ x86 CPUs. This brings one ⁣part of ‍the company’s long-running antitrust court battle with the European authority to a close. If you’ll recall, ‌the Commission slapped the chipmaker with a record-breaking ⁤€1.06 billion ($1.13 billion) fine in 2009‌ after it had determined that Intel abused its dominant position in the ⁣market.⁤ ye

It found back then that⁤ the company gave hidden rebates ⁤and ​incentives to manufacturers like HP, Dell and ‍Lenovo for buying all or almost all their processors from Intel. The Commission also found that⁣ Intel paid manufacturers‌ to ​delay or to completely cease the launch of products powered by its rivals’ CPUs “naked restrictions.” Other times, Intel ⁤apparently paid companies to limit those products’ sales channels.‌ The ⁤Commission calls ⁢these actions‍ “naked restrictions.”

The case has ⁣gone‌ through several European…

2023-09-22 06:59:22
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