Intel appeals European Commission 1.06 billion euro fine for antitrust violations Jaclyn Belczyk at 9:32 AM ET
[JURIST] Computer chip maker Intel Corp. [corporate website] on Wednesday filed an appeal with the European Court of First Instance [official website] challenging a May European Commission (EC) [official website] ruling fining Intel 1.06 billion [JURIST] for violating European Union antitrust laws. The EC ruled that Intel violated the laws [Article 82 backgrounder] by giving computer companies rebates to purchase nearly all of their supplies from Intel and paying companies not to use products made by Advanced Micro Devices (AMD) [corporate website], Intel's main competitor. The appeal has not been made public, but Intel spokesperson Chuck Mulloy said that one of the arguments was that the fine is excessive [San Jose Mercury News report] and in violation of European human rights law. The court will likely issue a summary of the appeal [WSJ report] in September.
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