Intel faces yet another EU antitrust fine

Intel
could
face
yet
another
EU
antitrust
fine
despite
winning
its
court
fight
last
year
against
a
1.06
billion
euro
(A$1.65
billion)
penalty
imposed
14
years
ago
for
hindering
a
rival,
the
US
chipmaker
said
in
a
regulatory
filing.

The
company
last
year
convinced
Europe’s
second-top
court
to
scrap
the
fine
handed
out
by
the
European
Commission
in
2009
for
giving
rebates
to
four
computer
makers
to
buy
most
of
their
chips
from
Intel
and
not
from
rival
Advanced
Micro
Devices
(AMD).

“The
General
Court’s
January
2022
decision
did
not
annul
the
EC’s
2009
finding
that
Intel
made
payments
to
prevent
sales
of
specific
rival
products,
and
in
January
2023
the
EC
reopened
its
administrative
procedure
to
determine
a
fine
against
Intel
based
on
that
alleged
conduct,”
the
company
said
in
a
January
26
filing.

“Given
the
procedural
posture
and
the
nature
of
this
proceeding,
we
are
unable
to
make
a
reasonable
estimate
of
the
potential
loss
or
range
of
losses,
if
any,
that
might
arise
from
this
matter,”
it
said.

Companies
risk
fines
up
to
10
percent
of
their
global
turnover
for
EU
antitrust
breaches.

About Author

AndyC

Andy Curtis is an award-winning security consultant, researcher and public speaker. He has been working in the computer security industry since the early 1990s, having been employed by state and federal government, leading healthcare and banking providers across three continents. He has given talks about computer security for some of the world’s largest companies, worked with law enforcement agencies on investigations into hacking groups, and is a regular voice on TV and radio explaining IT security threats.

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