Beijing April 25 evening news, the chip manufacturing giant Intel Corp. on Wednesday announced that it has been for a huge antitrust fine adjudication proceedings in July 2012, will attend the ordinary trial hearing in the European Union, called for the repeal of EU antitrust regulators doout of money 1.06 billion euros ($ 1.4 billion) fine ruling.
Intel, the European Commission as the EU's executive body in the 2009 ruling did not effectively prove that the company has taken to hinder the competitor's strategy. The European Commission's decision at that time that Intel's implementation of the company's main rival AMD anti-competitive means, and, after the eight-year investigation has made the largest ever sum of fines for businesses.
Informed sources said that Intel has been prepared to July 3, 2012 to attend the EU ordinary court hearing in Luxembourg, which is also the EU has the second highest judicial court having jurisdiction. Intel argued that this is equivalent to 4.15% in 2008 total revenue of hefty fines "manifestly unreasonable". According to the EU antitrust regulatory requirements, regulatory bodies enterprise to violate the antitrust laws also impose a fine of 10% of its total global income.
Intel said its rebuttal to the reasons for the decision by the European Commission fines has received the support of the European Ombudsman, as an independent verification, the European Ombudsman to the European Commission in the course of the investigation there is a significant procedural errors. European Ombudsman in the investigation report of a non-binding, he found that the investigation process of the European Commission to "poor management" meeting with computer maker Dell Inc., the regulatory authorities in the investigation process, there is no proper record of the meeting content . The report was submitted five months after the publication of the European Commission decision on a fine against Intel Corporation
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