Feeds

Intel to appeal EU fine

They don't like it up 'em

3 Big data security analytics techniques

Intel said it will appeal the record €1.06bn ($1.5bn) fine imposed on it by the European Competition Commission.

In a strongly worded statement, Intel's chief executive Paul Otellini said: “Intel takes strong exception to this decision. We believe the decision is wrong and ignores the reality of a highly competitive microprocessor marketplace... There has been absolutely zero harm to consumers. Intel will appeal.”

Otellini said the Director General for Competition "ignored or refused to obtain significant evidence that contradicts the assertions in this decision."

He said Intel never sells chips at below cost.

But the Commission decision this morning said: "a competitor that was just as efficient as Intel would have had to offer a price for its CPUs lower than its costs of producing those CPUs, even if the average price of its CPUs was lower than that of Intel."

The Commission decision found Intel guilty of two practises - of offering PC makers rebates for buying all, or most, of their chips from Intel. Secondly it was found guilty of making direct payments to a retailer if it only stocked Intel machines. The chip giant was found guilty of abusing its monopoly position between 2002 and 2007. The five manufacturers were Acer, Dell, HP, Lenovo and NEC and the retailer was Media Saturn Holding which trades as MediaMarkt and Saturn.

Otellini said any discounts were the result of Intel's investment in innovation. He said despite their disagreements, Intel and the Commission would work together to ensure compliance while the appeal process progresses. ®

SANS - Survey on application security programs

More from The Register

next story
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
US mobile firms cave on kill switch, agree to install anti-theft code
Slow and kludgy rollout will protect corporate profits
Leaked pics show EMBIGGENED iPhone 6 screen
Fat-fingered fanbois rejoice over Chinternet snaps
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Oh no, Joe: WinPhone users already griping over 8.1 mega-update
Hang on. Which bit of Developer Preview don't you understand?
Report: Apple seeking to raise iPhone 6 price by a HUNDRED BUCKS
'Well, that 5c experiment didn't go so well – let's try the other direction'
Feast your PUNY eyes on highest resolution phone display EVER
Too much pixel dust for your strained eyeballs to handle
Rounded corners? Pah! Amazon's '3D phone has eye-tracking tech'
Now THAT'S what we call a proper new feature
Hearthstone: Heroes of Warcraft – A jolly little war for lunchtime
Free-to-play WoW turn-based game when you have 20 minutes to kill
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.