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EU court rules Intel to pay $1.4 billion fine for anti-competitive sales practices

By Justin Kahn
Jun 12, 2014
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  1. A court in the European Union has recently ruled to uphold a long standing $1.4 billion fine against Intel based on its anti-competitive practices towards AMD. The case dates back to 2009, where the court initially ruled that Intel was...

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  2. Puiu

    Puiu TS Maniac Posts: 1,073   +100

    Nothing new. we already knew they would have to pay. the question was how much. but for intel it doesn't matter anymore, they already put AMD in a very difficult position. they lost 10 times that amount in sales, they lost investor reputation and much more. and it shows in their CPU products. they had no money to invest in a new architecture to compete with intel.
     
  3. Nima304

    Nima304 TS Enthusiast Posts: 304   +37

    This is a drop in the bucket compared to the returns they got out of destroying competition in the CPU market. ARM just isn't there yet, and because AMD isn't in any position to compete, Intel doesn't have any reason to innovate, which we've seen given their latest releases. They should have been fined way more than 4.15% of their revenue, and I'd argue that they should be fined more than the 10% they could have been charged.
     
    ThanosPAS likes this.
  4. GhostRyder

    GhostRyder TS Evangelist Posts: 2,262   +541

    Agreed, Intel basically got a slap on the wrist for what they were doing. But at least its public knowledge...
     
  5. Fbarnett

    Fbarnett TS Enthusiast Posts: 183   +24

    Who gets the 1.4 billion?
     
  6. Axle Grease

    Axle Grease TS Member

    "Where does the money go?

    Once final judgment has been delivered in any appeals before the Court of First Instance (CFI) and the Court of Justice, the money goes into the EU’s central budget, thus reducing the contributions that Member States pay to the EU."

    I grabbed that from wwwDOTeubusinessDOTcom
     
  7. I dont see how im reducing my costs...
     
  8. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 3,174   +761

    That's exactly what I wanted to ask.
     
  9. fimbles

    fimbles TS Evangelist Posts: 1,273   +152

    Its to pay for the expenses of fat cat politicians.

    Breakfast at the ritz aint cheap you know :p
     
  10. I made a decision to post a comment regarding all the decisions, about the decision and decisions people would make based on the decision due to there being so many decisions in the end of the article.

    This wasnt an easy decision... you decide!
     
  11. So, Intel screwed over AMD, the EU catches them and the penalty is that Intel pays the EU and AMD is still screwed. Justice....???
     
     
  12. Maeryaenus

    Maeryaenus TS Rookie

    No matter how much it is, but is too late for a penalty. Intel has impeded AMD to sell, and nowadays Intel own the market, especially the mobile one. Sadly, the fact is done and now things can't be done to be right again. Intel grow bigger and AMD can't compete. Intel steal the future for their own.
     
  13. Gopal Bhat

    Gopal Bhat TS Rookie Posts: 43   +7

    I know, it's an absolute joke.
    AMD should be awarded a large portion of the fine as they are the ones who lost out. But I guess they should have taken Intel to court themselves?

    Plus that 4% figure is ridiculous. It should be closer to 20% imo.

    Oh ok, ruin the competitions business and if you get caught we'll slap you on the wrist with a 4% annual revenue (for that year) fine. Then you can enjoy the spoils for the rest of your years knowing your opposition has been crushed.

    Unbelievable.

    Intel have great chips due to immoral business practices and AMD have lower performing chips but are a great company.
    It leaves you between a rock and a hard place with which cpu to use/recommend.

    Hope AMD get back on their feet.
     
  14. captaincranky

    captaincranky TechSpot Addict Posts: 10,813   +921

    Since none of Intel's, "victims", will ostensibly benefit from the EU courts "fining" Intel, this really isn't much more than a disguised "patent lawsuit", designed to fill the coffers of the EU.

    It's just a subterfuge for an additional "VAT" tax, the EU courts couldn't get passed via the EU legislative process
    [quote="Gopal Bhat, post: 1409345, member: 329086"

    Oh ok, ruin the competitions business and if you get caught we'll slap you on the wrist with a 4% annual revenue (for that year) fine. Then you can enjoy the spoils for the rest of your years knowing your opposition has been crushed..[/quote]You know, I've been around here long enough to have listened to all the gamer's ridicule and scorn with respect to Intel CPUs. Quite a mean and mouthy bunch they were too.

    Now Intel's on top, and the tears are flowing for AMD. I say, "tough s***". Apparently, AMD got beat at its own "game", so to speak.

    So, if you were on top, and now you're not, it seems to me AMD is culpable for that, not Intel for making a better product.

    .
     


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