Intel faces yet one more EU antitrust tremendous regardless of court docket win final 12 months


By Foo Yun Chee

BRUSSELS (Reuters) – Intel may face yet one more EU antitrust tremendous regardless of profitable its court docket battle final 12 months towards a 1.06 billion

euro ($1.2 billion) penalty imposed 14 years in the past for hindering a rival, the U.S. chipmaker mentioned in a regulatory submitting.

Intel final 12 months satisfied Europe’s second-top court docket to scrap the tremendous handed out by the European Fee in 2009 for giving rebates to 4 laptop makers to purchase most of their chips from the corporate and never from rival Superior Micro Gadgets.

“The Basic Court docket’s January 2022 determination didn’t annul the EC’s 2009 discovering that Intel made funds to stop gross sales of particular rival merchandise, and in January 2023 the EC reopened its administrative process to find out a tremendous towards Intel primarily based on that alleged conduct,” the corporate mentioned in a Jan. 26 submitting.

“Given the procedural posture and the character of this continuing, we’re unable to make an inexpensive estimate of the potential loss or vary of losses, if any, that may come up from this matter,” it mentioned.

Corporations danger fines as much as 10% of their world turnover for EU antitrust breaches.

($1 = 0.9217 euros)

(Reporting by Foo Yun Chee, Enhancing by Louise Heavens)