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EU Slaps Intel with $400M Fine for Abusing Dominant Position

  • European Commission imposed a fine of €376 million on Intel for abusing its dominant position in the computer chip market from 2002 to 2006.
  • Intel gave payments to major computer makers to delay or halt launches of products containing competitors' CPUs, harming competition.
  • Original €1.06 billion antitrust fine from 2009 was mostly overturned, but court confirmed Intel's actions violated EU competition laws.
  • New fine reflects narrowed scope of antitrust infringement compared to original penalty.
  • Ruling is latest action in EU's ongoing crackdown on anti-competitive behavior by big tech companies.
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