Wednesday, October 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Previews Windows 10
Google Offers Unlimited Cloud Storage To Students
Gionee Announced The World's Thinnest Smartphone
MPEG LA Rolls Out HEVC License
PayPal To Become An Independent Publicly Traded Company in 2015
AMD To Showcase ARM Cortex-A57-Based Hadoop on Opteron Processors
SanDisk Introduces New X300 SSD And Client SSD Upgrade Service For Corporate Environments
TSMC and ARM Announce 16nm FinFET Silicon with 64-bit ARM big.LITTLE Technology
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > PC Parts > Europea...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, June 12, 2014
European Court Upholds Record Fine Imposed On Intel


Intel lost on Thursday its challenge against a record 1.06-billion-euro ($1.44 billion) fine handed down by European Union antitrust regulators in 2009 for blocking rival AMD.

By decision of 13 May 2009 the European Commission imposed a fine of €1.06 billion on Intel for having abused
its dominant position on the market for x86 central processing units (CPUs) in infringement of the competition rules of the EU and the European Economic Area (EEA).

According to the Commission, Intel abused its dominant position on the worldwide market for x86 CPUs from October 2002 to October 2007, by implementing a strategy aimed at foreclosing from the market its only serious competitor, Advanced Micro Devices, Inc. (AMD). The Commission said Intel was giving rebates to PC makers Dell, Hewlett-Packard Co , NEC and Lenovo for buying most of their computer chips from Intel. The authority said Intel also paid German retail chain Media Saturn Holding to stock only computers with its chips.

Judges at the Luxembourg-based General Court backed the Commission's decision.

"The Commission demonstrated to the requisite legal standard that Intel attempted to conceal the anti-competitive nature of its practices and implemented a long term comprehensive strategy to foreclose AMD from the strategically most important sales channels," the court said.

"The General Court considers that none of the arguments raised by Intel supports the conclusion that the fine imposed is disproportionate. On the contrary, it must be considered that fine is appropriate in the light of the facts of the case," judges said. Intel can take its case further to the Court of Justice of the European Union but only on points of law.



Previous
Next
Samsung To Unveil Its 'Smart home' Concept, Wearables And The Note 4 At IFA        All News        New Panasonic Lumix DMC-FZ1000 Comes With Fast lens And 4K Recording Capability
Thermaltake Announces Satellite Notebook Cooler and Speaker in One     PC Parts News      LG G PAD Tablets Are Rolling Out

Get RSS feed Easy Print E-Mail this Message

Related News
Intel and Mitsubishi Electric Collaborate to Create Factory Automation Systems
Intel To Invest in Semiconductor Business under Tsinghua Unigroup
Latest Intel LTE Chipset Certified on China Mobile
Intel Offers Developers Software Tools, Outlines PC Evolution Across New Form Factors
Intel Unveils New Developer Tools, Future Technologies Tablets, Analytics, Wearable Devices and PCs at IDF 2014
New Intel Xeon E5-2600 v3 Processors Released
Intel Turns To Fashionable Wearables With Collaboration With Fossil Group
New Intel Core M Processor Coming In Tablets, Hybrids
Latest Intel Graphics Driver Update Boosts Performance
Opening Ceremony and Intel Reveal MICA Accessory
Intel Hopes To Improve Its Mobile Business With Ex-Qualcomm exec
Intel Unleashes its First 8-Core Desktop Processor For Gaming

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .