The European Union has granted intel a penalty of up to $4.1 billion

Source: Internet
Author: User

On July 15, May 28, Beijing time, according to foreign media reports, the German Financial Times Deutschland quoted a message on Tuesday that the European Union will impose anti-monopoly sanctions on Intel due to violation of the anti-monopoly law.

According to sources, the European Union has determined that intel has abused its dominant market advantage in Europe. The European Union plans to officially announce official sanctions against Intel at the end of this summer. It is reported that the EU has collected sufficient evidence of Intel's violation of the anti-monopoly law in Europe. According to the EU's current plan, Intel will be fined with an annual revenue of 10% or about $4.1 billion. In addition, the EU will also block intel from selling processors to PC manufacturers at a discounted price, and restrict intel from providing advertising subsidies to retailers to obtain proprietary transactions.

Intel spokesman Chuck Mulloy said on Tuesday that intel has not heard that the EU has made a penalty decision against the company. Murray repeatedly reiterated that Intel's practice in Europe is not wrong. "We still believe that our business practices are legitimate, and we will continue to confirm this point to the European Commission," said Murray ."

In February this year, the European Commission suddenly inspected intel and some Computer Retailer offices to find evidence of their violation of the anti-monopoly law. In last July, the European Union officially accused intel of using illegal means to suppress rival AMD. The European Union has accused intel of providing a major kickback to a number of OEMs so that all or most of them use Intel processors. Many facts have shown that, intel induces OEMs to delay or cancel the launch of AMD-based Processor lines by providing market funds; in the server market, Intel sells processors at unconventional prices in bids from strategic customers competing with AMD.

The European Union believes that Intel's sales of processors at a lower cost will benefit buyers in the short term, but will eventually hurt the interests of buyers. Once intel uses this method to "kill" its competitors, consumers will lose other options and technological innovation will slow down. Over the past few years, the EU's anti-monopoly authorities have been investigating Intel's business behavior to determine whether the company has used improper means to suppress its main competitor AMD in order to maintain its monopoly position in the market.

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