Intel appeals against $1.3 billion fine from European Commission

Published:2012/7/4 1:34:00 Author:Ecco From:SeekIC

Intel Corp., the world's largest chip maker, got a fine from the European Commission in 2009. The fine was originally set at 1.1 billion euro after European Commission found Intel guilty of anti-trust offences over a period dating back to 2002.

Now, Intel has begun its appeal against the imposition of a 1.06 billion euro (about $1.33 billion). European Commission said that Intel has offered discounts to PC makers for as long as they used exclusively or mainly Intel processors within their machines. But Intel declares that the European Commission was wrong to judge these discounts as illegal without checking if they actually shut out competition – principally Advanced Micro Devices Inc. – from the market and had "immediate, substantial, direct and foreseeable effects" on sales to European customers.

Intel has been active in Europe investing in both R&D and in manufacturing since 2009. Intel established the Intel Labs Europe research network in 2009 and in May 2012 announced plans to invest $1 billion at Leixlip near Dublin Ireland to enable 14-nm manufacturing there.

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