EU Hits Intel With $400 Million Antitrust Fine in Long-Running Computer Chip Case 

 01 September 2022, Berlin: Intel logo seen at the IFA electronics trade show. (dpa)
01 September 2022, Berlin: Intel logo seen at the IFA electronics trade show. (dpa)
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EU Hits Intel With $400 Million Antitrust Fine in Long-Running Computer Chip Case 

 01 September 2022, Berlin: Intel logo seen at the IFA electronics trade show. (dpa)
01 September 2022, Berlin: Intel logo seen at the IFA electronics trade show. (dpa)

European Union antitrust enforcers slapped Intel on Friday with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year.

The European Commission imposed the 376.4-million-euro fine after a court threw out an original 1.06-billion-euro penalty issued in 2009 over allegations that the Santa Clara, California-based company used illegal sales tactics to shut out smaller rival AMD.

The commission, the 27-nation bloc's top antitrust watchdog, accused Intel of abusing its dominant position in the global market for x86 microprocessors with a strategy to exclude rivals by using rebates and sales restrictions.

The EU’s General Court last year annulled the original decision, saying that the commission's analysis of the rebates didn't meet legal standards.

However, the court confirmed that the sales restrictions amounted to an abuse of Intel's dominant market position. It couldn't decide how the total fine could be divided up between the two offenses, leaving the commission to come up with a new number.

“The lower fine imposed by today’s decision reflects the narrower scope of the infringement compared to the 2009 Commission decision,” the EU watchdog said.

Intel's European press team didn't respond immediately to an email seeking comment.



Saudi, Kuwaiti AI Associations Partner to Advance Regional AI Governance

The agreement represents the first international MoU signed by the AIGA - SPA
The agreement represents the first international MoU signed by the AIGA - SPA
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Saudi, Kuwaiti AI Associations Partner to Advance Regional AI Governance

The agreement represents the first international MoU signed by the AIGA - SPA
The agreement represents the first international MoU signed by the AIGA - SPA

The Artificial Intelligence Governance Association (AIGA), under the technical supervision of the Saudi Data and AI Authority (SDAIA), has signed a memorandum of understanding with the Kuwaiti Association of Artificial Intelligence of Things.

The deal aims to foster collaboration in developing and implementing AI governance standards, sharing expertise, and driving scientific research and innovation in Artificial Intelligence of Things (AIoT).

The agreement represents the first international MoU signed by the AIGA, signaling the beginning of expanded efforts to promote the responsible governance of advanced technologies, according to SPA.

The partnership reflects the commitment of both associations to support regional initiatives in AI technology development, enhance governance frameworks, and exchange knowledge, ultimately advancing a responsible and sustainable innovation ecosystem that benefits communities and supports national and regional efforts toward a knowledge-based economy driven by advanced technologies.