Saturday, December 16, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Admits Spending Time on Social Media is Bad for You
Facebook Will Start Putting Ads Before Videos
Samsung's Smart Speaker Coming Next Year
Internet Neutrality is Officially Dead
Synaptics Brings First In-Display Fingerprint Sensors for Smartphones
Disney to Buy Fox Film and Some TV Businesses for $52 billion
Powerful iMac Pro is Available Today, Starting at $5,000
IBM Announces Collaboration With Leading Companies to Accelerate Quantum Computing
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Google Opening Artificial Intelligence Research Center in China
Intel Introduces Cost-optimized Pentium Silver and Intel Celeron Processors
Intel Uses Cobalt Interconnect for 10nm, Global Foundries Detail EUV Lithography for 7nm
IBM Says New POWER9-based AC922 Power Systems Offer 4x Deep-learning Framework Performance Over x86
IBM Scientists Demonstrate 10x Faster Machine Learning Using GPUs
Intel to Unveil Platform For Autonomous Cars at CES
Intel and Warner Partner to Develop In-Cabin Experiences in Autonomous Cars
U.S. Government Warns Businesses About Vulnerabilities Of Management Engine in Intel Chips
Samsung to set up AI Research Center
Samsung Forecast to Top Intel as Larger Semiconductor Supplier in 2017
Intel Doubles Capacity of the Optane SSD DC P4800X
AMD's Raja Koduri Joins Intel as Chief Architect for High-End, Discrete Graphics Solutions

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .