EU hits Intel with $400 million antitrust fine in long-running computer chip case

The Intel emblem seems on a display screen on the Nasdaq MarketSite, in New York’s Occasions Sq., on Oct. 3, 2018. European Union antitrust enforcers slapped Intel on Friday, Sept. 22, 2023, with a contemporary $400 million effective in a long-running authorized combat that the chipmaker appeared to have gained final 12 months, in a postscript to a case that dates again greater than a decade. Credit score: AP/Richard Drew

LONDON — European Union antitrust enforcers slapped Intel on Friday with a contemporary $400 million effective in a long-running authorized combat that the chipmaker appeared to have gained final 12 months.

The European Fee imposed the 376.4 million-euro effective after a court docket threw out an unique 1.06 billion-euro penalty issued in 2009 over allegations that the Santa Clara, California-based firm used unlawful gross sales ways to close out smaller rival AMD.

The fee, the 27-nation bloc’s prime antitrust watchdog, accused Intel of abusing its dominant place within the world marketplace for x86 microprocessors with a method to exclude rivals through the use of rebates and gross sales restrictions.

The EU’s Basic Court docket final 12 months annulled the unique choice, saying that the fee’s evaluation of the rebates did not meet authorized requirements.

Nonetheless, the court docket confirmed that the gross sales restrictions amounted to an abuse of Intel’s dominant market place. It could not determine how the entire effective might be divided up between the 2 offenses, leaving the fee to give you a brand new quantity.

“The decrease effective imposed by right this moment’s choice displays the narrower scope of the infringement in comparison with the 2009 Fee choice,” the EU watchdog stated.

Intel’s European press staff did not reply instantly to an electronic mail searching for remark.