Intel plans to appeal against EU's €376 million antitrust fine

According to news from this site on October 30, in September this year, the European Union fined Intel 376 million euros for a market monopoly case from 2002 to 2007, accusing it of "obstructing competitors from entering the market with naked restrictive behavior." .

According to the third quarter report, Intel plans to appeal the European Commission’s decision to impose an antitrust fine of 376 million euros (approximately 2.91 billion yuan)

Picture source Pixabay

This site inquired and learned that the EU antitrust agency stated in 2009 that Intel tried to encourage the above-mentioned by providing kickbacks to computer manufacturers Dell, HP, NEC and Lenovo. Companies purchase chips from Intel, thereby suppressing its competitor AMD.

In early 2022, Intel won a lawsuit against the EU antitrust regulator for a fine of US$1.2 billion (currently about 8.772 billion yuan), at the EU General Court in LuxembourgRejecting most of the regulator’s 2009 ruling.

The court said at the time that the analysis conducted by EU antitrust regulators was incomplete and failed to establish the necessary legal standards to judge the competitive impact of rebates. Notably, the court stated that it could not determine damages related to Intel's conduct, so completely eliminated the portion related to the fine.

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