EU hits Intel with $400 million antitrust fine in long-running computer chip case
EU hits Intel with $400 million antitrust fine in long-running computer chip case
European Union antitrust enforcers have slapped Intel with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year.
When are they going to fine Microsoft for the blatant anti competitive Edge pushing inside Windows? 20 years ago it was a scandal just to bundle Internet Explorer and now they get away with progressively making it harder to switch away from Edge, forcing links to open in Edge rather than your default browser and injecting ads into your browser and OS when you try to download an alternative.
Google doing the same thing with chrome, sabotaging youtube under Firefox, etc.
i want to see both of them fined heavily and best case forced to split some of their products out to separate companies (not sure how much that helps though)
It shows how far the pendulum of corporate power has swung since then.
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Net revenue: $300 billion. Fines: $400 million.
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Source for the revenue? Was only able to find figures in the $50-70bil range.
Profit $20-30bil.
Do you understand the case enough to make a more accurate judgement based on the relevant laws? I don't, but believe that the court does.
Defeat the fucking capitalists
I bought an Asus Vivobook (M7400Q) last year. It sells with two variants, Intel and AMD. I obviously chose AMD...only to realise that the thunderbolt port on it has been crippled, not allowing USB-C charging.
Why? Because Intel paid ASUS to do so. So yeah, fuck Intel and fuck ASUS. And finally, the real kicker? ASUS discontinued the model, so I can't buy a new charger for it either (which I needed for the office).
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LONDON (AP) — European Union antitrust enforcers slapped Intel on Friday with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year.
The European Commission imposed the 376.4 million-euro fine after a court threw out an original 1.06 billion-euro penalty issued in 2009 over allegations that the Santa Clara, California-based company used illegal sales tactics to shut out smaller rival AMD.
The commission, the 27-nation bloc’s top antitrust watchdog, accused Intel of abusing its dominant position in the global market for x86 microprocessors with a strategy to exclude rivals by using rebates and sales restrictions.
The EU’s General Court last year annulled the original decision, saying that the commission’s analysis of the rebates didn’t meet legal standards.
However, the court confirmed that the sales restrictions amounted to an abuse of Intel’s dominant market position.
Intel’s European press team didn’t respond immediately to an email seeking comment.
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Hopefully Intel ME will be banned.