Intel Appeals EU Antitrust Case
High-tech giant Intel lodged its appeal Wednesday in the European Court of First Instance against the $1.45 billion fine imposed by the European Commission earlier this year. The company did not give specific details of the legal grounds for its complaint but ZDNet UK reported that the European court will publish details of the appeal in several weeks. "We felt the EC decision was incorrect, and that evidence was ignored or misinterpreted," an Intel representative told ZDNet UK on Thursday. "We believe the Commission ignored the realities of the microprocessor market, which is highly competitive."
The fine for excluding competitors from the market for x86 central processing units was the largest penalty ever assessed by the European Union for a breach of competition, and it followed actions against Intel in Japan and South Korea. U.S. regulators are also getting involved. The FTC acknowledged in June 2008 that, after several years of scrutiny, it was opening a formal probe of Intel. Intel and rival chipmaker Advanced Micro Devices, whose microprocessors are based on Intel's x86 architecture, have ratcheted up their Washington lobbying efforts. Read more in National Journal here (subscription required).
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