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Intel appeals 1.06 billion EUR antitrust fine

Posted on Thursday, July 23 2009 @ 17:10:03 CEST by

Intel announced it will appeal to Europe's second highest court against the 1.06 billion EUR fine levied by EU regulators.
"We believe the European Commission misinterpreted some evidence and ignored other pieces of evidence," Intel spokesman Robert Manetta said.

The world's largest chipmaker said it filed an appeal with the Luxembourg-based Court of First Instance.

The European Union executive imposed the fine on Intel in May, the largest ever for a company, for illegal efforts to squeeze out arch-rival AMD.



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