EU Fines Intel a Record 1.06 Billion Euro
Chip giant Intel was handed a record fine of 1.06 billion Euro ($1.45 billion) for allegedly abusing its leading position in the CPU market.
“The decision is wrong and ignores the reality of a highly competitive microprocessor marketplace” commented Intel CEO Paul Otellini, adding that "Intel never sells products below cost. We have however, consistently invested in innovation, in manufacturing and in developing leadership technology. The result is that we can discount our products to compete in a highly competitive marketplace”. Sounds like its business as usual for Intel.
The EU report reads rather differently. The commission accuses the company of abusing its market position between 2002 and 2007, claiming Intel made generous payments to PC manufacturers and retailers to boycott AMD chips. Dell, Acer, HP, Lenovo and NEC were among the companies linked to Intel's malpractice.
According to the European Commissioner for Competition, Neelie Kroes, "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". As can be expected, AMD is happy with the decision, even if the record figure is still below the sum the EU could have demanded. Intel is set to appeal.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you've found an article to be beneficial.
News
-
The GNU Project Celebrates Its 40th Birthday
September 27 marks the 40th anniversary of the GNU Project, and it was celebrated with a hacker meeting in Biel/Bienne, Switzerland.
-
Linux Kernel Reducing Long-Term Support
LTS support for the Linux kernel is about to undergo some serious changes that will have a considerable impact on the future.
-
Fedora 39 Beta Now Available for Testing
For fans and users of Fedora Linux, the first beta of release 39 is now available, which is a minor upgrade but does include GNOME 45.
-
Fedora Linux 40 to Drop X11 for KDE Plasma
When Fedora 40 arrives in 2024, there will be a few big changes coming, especially for the KDE Plasma option.
-
Real-Time Ubuntu Available in AWS Marketplace
Anyone looking for a Linux distribution for real-time processing could do a whole lot worse than Real-Time Ubuntu.
-
KSMBD Finally Reaches a Stable State
For those who've been looking forward to the first release of KSMBD, after two years it's no longer considered experimental.
-
Nitrux 3.0.0 Has Been Released
The latest version of Nitrux brings plenty of innovation and fresh apps to the table.
-
Linux From Scratch 12.0 Now Available
If you're looking to roll your own Linux distribution, the latest version of Linux From Scratch is now available with plenty of updates.
-
Linux Kernel 6.5 Has Been Released
The newest Linux kernel, version 6.5, now includes initial support for two very exciting features.
-
UbuntuDDE 23.04 Now Available
A new version of the UbuntuDDE remix has finally arrived with all the updates from the Deepin desktop and everything that comes with the Ubuntu 23.04 base.