Intel ordered to pay a fine of 1.06 billion euros



Europe - The European Commission condemned Intel for abusing its dominant position and payment of rebates "hidden" in several computer manufacturers. After 9 years of investigation, Intel will pay the highest fine in the history of Europe: 1.06 billion euros.

After Japan and South Korea, it is the turn of Europe condemned Intel for illegal practices involving rebates on several computer manufacturers.

"Intel has hurt millions of consumers seeking deliberately to exclude competitors from the market for chips for years," said Neelie Kroes, European Commissioner responsible for competition matters, to justify this amount may seem mirobolant.

Intel would have used its dominant market position to grant discounts "fully or partially hidden" Acer, Dell, HP, Lenovo and NEC.

It was in 2000 that the investigation was launched after AMD filed a complaint against Intel. The manufacturer of semiconductors then accused of having bribed some brands to delay the release of PCs with AMD chips or market only computers with Intel processors.

These discounts or cash payments are still practiced by Intel, the European Commission ordered the company to immediately stop its illegal practices to the extent that they still exist. "

Of course, the CEO of the Company believes that this is a decision "deplorable and that ignores the reality of a market where there is fierce competition" and said he will appeal.

Intel, which is also under investigation in the United States, has three months to pay the fine.

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