EU: Intel challenges record $1.4B antitrust fine with top court

Global computer chipmaker Intel Corporation has reportedly once again appealed a competition fine issued to the company by the European Commission for anticompetitive behavior.

According to reports, Intel has filed an appeal of the sanction to the European Court of Justice, claiming the Commission’s decision to issue the $1.44 billion penalty had legal errors and was ultimately unjustified.

Intel had previously failed to appeal the fine when the General Court of Luxembourg, the EU’s second-highest court, upheld the ruling.

The fine, which amounts to the largest-ever fine imposed in the EU for market abuse, was issued after a five year legal battle that first began over accusations that Intel was abusing its market dominance and harming rival Advanced Micro Devices. The EU found Intel had violated antitrust law between 2002 and 2007 by attempting to force PC makers of using Intel chips over rival products.

Intel denies the claims.

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