Killed EU antitrust fine could still come back to haunt Intel
This appeal centers on the fact that the General Court's decision had not annulled the EC's findings in 2009 that Intel had made payments intended to prevent the sales of specific rival products. With that in mind, Intel said the EC has reopened its administrative procedure to"determine a fine against Intel based on that alleged conduct," although no date has apparently been fixed for the hearing.
Readers with long memories will recall that 2003 saw the introduction of AMD's Opteron processors, which extended the x86 architecture to 64-bit computing while also maintaining compatibility with existing 32-bit software without taking a hit on performance. At the time, Intel was still trying to convince everyone that the Itanium architecture was the future and initially resisted bringing its Xeon chips into the 64-bit arena, giving AMD a clear advantage, yet AMD was unable to attract some vendors into using its chips.
In response to AMD's claims, the EC started an antitrust investigation in 2004 that concluded in 2009 with the €1.06 billion penalty. The EC said its evidence led to the conclusion that conditional rebates and payments offered by Intel"induced the loyalty of key OEMs" and diminished competitors' ability to compete on the merits of their own x86 chips.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Intel quietly kills its RISC-V development environmentDid Pathfinder get lost in Intel's sea of red ink? Or is Chipzilla becoming RISC averse?
Read more »
European stocks tick lower as investors await key interest rate decisions\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Manchester City star Joao Cancelo set for surprise move to European giants - David OrnsteinManchester City left-back Joao Cancelo is set to join Bayern on loan, with the deal 'likely to include a buy option', according to David Ornstein.
Read more »
Duxbury Dad Releases Statement, Asks People to Forgive His Wife Who Allegedly Killed Their 3 KidsPatrick Clancy is speaking out for the first time, one day after it was announced his baby had succumbed to his injuries, and several days after his other two children died, allegedly at the hands of their mother in their Duxbury, Massachusetts, home.
Read more »
Two killed and one injured after car strikes pedestrians in south WalesThe vehicle struck three people on a road near Pontypridd and despite efforts of emergency services, a man and a woman died at the scene.
Read more »
Jerusalem: Boy, 13, 'shoots and wounds' two people, hours after gunman killed seven outside synagogueIsrael's national ambulance service said it was called to a 'shooting terror attack' in Jerusalem on Saturday morning, hours after a Palestinian gunman shot seven people dead near a synagogue on the outskirts of the city on Friday.
Read more »