Thursday, July 5th 2012
Intel Appeals Against $1.3 Billion Fine by EU, from 2009
Around three years after the European Commission slapped Intel with a record €1.06 billion fine for anti-competitive practices against market rival AMD, the company appealed against the fine, on grounds that the commission relied on "profoundly inadequate" evidence to establish anti-competition charges against the company, which lead to the fine. A 5-member bench of General Court in Luxembourg, Europe's second highest, will hear arguments of both Intel and EU's regulators, during a 4-day hearing. Intel wants its conviction quashed and its fine reduced/removed. According to European regulators, major computer manufacturers such as HP, Dell, and Lenovo, received unfair rebates from Intel for opting for its chips. The case is T-286/09, Intel vs Commission.
Source:
Reuters
32 Comments on Intel Appeals Against $1.3 Billion Fine by EU, from 2009
There's way too little evidence here to make a judgement.
I wonder why they think they can get it overruled? Did they hire better lawyers?
Or maybe they offered their manufacturer partners further rebates if they testified in Intel's favour? :rolleyes:
Also a bit off topic, but I assume you saw the UK court ruling for the Apples lawsuit over HTC? Apple got burned for their patent trolling big time here, and it's clear to me that the EU courts are doing a much better job than the rest of the world.
/rant :laugh:
plus they get to make interest of the 1+ billion $ year after year lol
www.intel.com/pressroom/archive/releases/2009/20091112corp_a.htm so now that amd has withdrawn all its complains and investigations have been stopped, because intel was about to be found guilty by courts, intel wants their money back?
so basically intel tried to silence AMD by paying them off, but the EU court decided to fine intel anyways, even after AMD dropped their complaints?
or does intel want their money back now that AMD has dropped their complaints and Intel isnt scared of being found guilty in court anymore?
either way it makes intel look like a bunch of crooks to me...
3 am here and just got back to manchester from london, drove now:pimp::pimp::pimp: no 3,, worng tut:o
AMD dropped all worldwide litigation against Intel.
The EU commission still wants to fine them a billion dollars or so even though the plaintiff has dropped all charges.
Who wants Moar Monnies?
and a 3rd party clearly pisses on the party, the eu commision have nothing to do with Amd though so intel should be made to challenge that with Its law team alone and payup, by the courts, though id agree just to Amd and not the EU, greedy gets:).
It doesn't mater that AMD dropped the lawsuit, it's not AMD that started the inquiry into intel's business practices, it's the EU itself. It's called self-mandated and that's what a state's anti-corruption body, in this case the EC, does when it hears about issues between two parties non-related to said government or the EU. Lawbreaking is still lawbreaking and intel should pay per European law. Whatever ideas you have about US law... you can flush that down the toilet. It doesn't apply here.
I also agree that if Intel wants to do business in the EU that they have to follow the laws set forth, and that if they are found guilty should have to pay the fines.
I just think that Intel should fight it to the death because I like the drama.