Intel fights $1.2 billion fine

Stefan Mileschin · 12th March 2020, 10:23

Wants EU to admit it got it wrong

Chipzilla has claimed EU antitrust regulators got it wrong when they fined it 1.06 billion euro more than a decade ago for thwarting AMD.

The US company set out its arguments at the General Court in a re-hearing of a case seen as testing the European Commission’s power to go after US tech giants which offer incentives such as rebates to lure customers from competitors.

EU antitrust enforcers in 2009 said Intel tried to block AMD by giving rebates to computer makers Dell, HP, NEC and Lenovo for buying most of their chips from Intel.

The General Court is hearing the case for the second time after the EU Court of Justice (CJEU), Europe’s highest, in 2017 disagreed with its 2014 ruling backing the Commission’s decision, in a major setback to the EU competition watchdog.

It told the lower tribunal to re-examine the case and whether exclusivity rebates harmed competition.

Chipzilla’s lawyer Daniel Beard told the panel of five judges that the ruling was fundamentally flawed.

https://fudzilla.com/news/50460-inte...2-billion-fine

12th March 2020, 10:23	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,769	Intel fights $1.2 billion fine Wants EU to admit it got it wrong Chipzilla has claimed EU antitrust regulators got it wrong when they fined it 1.06 billion euro more than a decade ago for thwarting AMD. The US company set out its arguments at the General Court in a re-hearing of a case seen as testing the European Commission’s power to go after US tech giants which offer incentives such as rebates to lure customers from competitors. EU antitrust enforcers in 2009 said Intel tried to block AMD by giving rebates to computer makers Dell, HP, NEC and Lenovo for buying most of their chips from Intel. The General Court is hearing the case for the second time after the EU Court of Justice (CJEU), Europe’s highest, in 2017 disagreed with its 2014 ruling backing the Commission’s decision, in a major setback to the EU competition watchdog. It told the lower tribunal to re-examine the case and whether exclusivity rebates harmed competition. Chipzilla’s lawyer Daniel Beard told the panel of five judges that the ruling was fundamentally flawed. https://fudzilla.com/news/50460-inte...2-billion-fine

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