mannerisms

Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.

June 12 Verdict On Intel’s $1.47bn EC Fine Appeal

On June 12, the European General Court will announced its verdict on Intel’s appeal against its 2009 $1.47 billion fine for anti-competitive behaviour in the x86 processor market.

Intel has asked for the fine to be reduced, or nullified.

When it made its case to the appeal court Intel’s lawyer relied heavily on adverbs.

“The quality of evidence relied on by the Commission is profoundly inadequate. The analysis is hopelessly and irretrievably defective,” he said.

It’s taken the court a couple of years to decide how profoundly, hopelessly and irretrievably deficient the evidence was.

On June the 12th we will know . . . .for a while.

If the General Court decides that the evidence of foul play was, in fact, perfectly adequate to justify the fine, then Intel can appeal to the EU Court of Justice.

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2 Comments

  1. david manners
    May 07, 2014 10:10

    Well Yes indeed Dr Bob, the fine could have been over twice as big because EU anti-trust law says that the fine can be 10% of revenues. Intel was only fined about 4% of its 2008 revenues. So the appeal court could increase the fine to around $3.7 billion which would be a nice addition to EU funds.

  2. Dr Bob
    May 07, 2014 09:34

    Perhaps the fine should also be able to be increased to reflect the extra costs involved in time wasting legal action

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