May 21, 2022

SHSU Houstonian Online

Read all latest news headlines from USA, UK and around the world, get today's breaking news and live updates on politics, elections, business, sports, economy,​ …

European Commission appeals for a fine of billions from Intel for defects AMD – IT Pro – News

The European Commission is appealing the ruling of the European Court of Justice, which earlier this year struck down a multi-billion dollar fine against Intel. The European Commission imposed this fine in 2009 because Intel misused its power in the x86 CPU market.

The European Commission has fined Intel for taking an unfair advantage over rival AMD. Intel will offer PC manufacturers such as Dell, Lenovo, HP and NEC discounts on their processors if they use little or no AMD processors in their systems. Intel was also going to pay MediaMarktSaturn to freeze sales of systems containing AMD processors.

The commission found that this hinders competition, thus limiting consumer choice and inhibiting innovation in the marketplace. The height is fixed at 1.06 billion eurosToday, it is approximately 1.3 billion euros, adjusted for inflation. This was a record amount at the time. The amount equates to 4.5 percent of the company’s worldwide turnover in 2008. Intel’s net profit for that year was 3.9 billion euros.

Intel has resisted it since the fine was imposed. In 2014, an appeal was filed by the European Court of Justice lower his voicebut Intel went in 2016 Appeal again† The result of this ruling from January of this year was: Part of the decision from 2009 is Empty Intel does not have to pay the fine. The court found that the European Commission’s analysis was incomplete and did not adequately show that Intel’s discounts were unlawfully restricting competition.

The European Commission confirmed last Friday against the record They will appeal the ruling. The European Commission would not comment further and Intel was not immediately available to respond to the record.

See also  Half of the Netherlands' new scooters run on electricity - IT Pro - News