Full coverage: EU fines Intel £948 million

Written by Alex Watson

May 13, 2009 | 15:11

Tags: #antitrust

Companies: #amd #eu #intel

The EU has fined Intel £948 million ($1.45 billion) for violating EC Treaty antitrust rules on the abuse of its dominant market position. Commissioners found Intel guilty of illegal business practices on two counts - Intel had given wholly or partially hidden rebates to computer manufacturers on condition that they bought all, or almost all, their x86 CPUs from Intel. Secondly, Intel was found guilty of making direct payments to computer manufacturers to halt or delay the launch of specific products containing AMD's CPUs.

We've rounded up the key quotes from all three major players in this case - the EU, AMD and Intel itself. Click the links to read the full stories.

"Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years. Such a serious and sustained violation of the EU's antitrust rules cannot be tolerated" – EC Competition Commissioner Neelie Kroes didn't hold back when revealing the verdict.

"Our experience to date has been that when investigators look at the facts, Intel loses" – Nigel Dessau, AMD's Chief Marketing Officer weighs in on the ruling.

"We believe the decision is wrong and ignores the reality of a highly competitive microprocessor marketplace – characterised by constant innovation, improved product performance and lower prices, he continued. There has been absolutely zero harm to consumers. Intel will appeal." - Intel CEO and President Paul Otellini responds.
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