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Intel required to pay $1.4 billion fine over anticompetitive tactics against AMD

Intel required to pay $1.4 billion fine over anticompetitive tactics against AMD

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Intel has lost a challenge against a record 1.06 billion euro ($1.43 billion) fine that it was handed in 2009 for anticompetitive behaviors in Europe. Intel paid the fine after it was levied by the European Commission five years ago, but it's been challenging it since on the grounds that it was too strong of a punishment. Europe's second-highest court disagreed, finding that the fine was appropriate in light of Intel taking advantage of its dominant position in the market.

"We are disappointed in this outcome."

The Commission previously found that Intel had violated the EU's Antitrust Regulation by granting rebates to companies, including Dell, HP, and Lenovo, for acquiring all or nearly all of their chips from Intel. Intel also specifically tried to halt competitor AMD from gaining ground by paying HP, Lenovo, and Acer to slow or stop the launch of products using AMD chips.

The European Commission was happy with the court's ruling, calling the judgment significant because it justifies its strong pursuit against Intel's anticompetitive practices. Intel, naturally, is less pleased with it. "We are disappointed in this outcome," an Intel spokesperson writes in an email to The Verge. "We have said all along that we believe the [European Commission] erred in many areas. After we’ve studied decision, we will evaluate our options and decide what to do next." Intel still has one final chance to appeal, and it'll have 70 days to decide if it wants to do so.

Update June 12, 12:50PM ET: this article has been updated with new comments from an Intel spokesperson and to note that Intel paid the fine in full in 2009.