Feeds

Intel to appeal EU fine

They don't like it up 'em

The Power of One Brief: Top reasons to choose HP BladeSystem

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. ®

Using blade systems to cut costs and sharpen efficiencies

More from The Register

next story
Report: American tech firms charge Britons a thumping nationality tax
Without representation, too. Time for a Boston (Lincs) Macbook Party?
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
Child diagnosed as allergic to iPad
Apple's fondleslab is the tablet dermatitis sufferers won't want to take
Microsoft takes on Chromebook with low-cost Windows laptops
Redmond's chief salesman: We're taking 'hard' decisions
For Lenovo US, 8-inch Windows tablets are DEAD – long live 8-inch Windows tablets
Reports it's killing off smaller slabs are greatly exaggerated
Cheer up, Nokia fans. It can start making mobes again in 18 months
The real winner of the Nokia sale is *drumroll* ... Nokia
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.