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Slideshow Intel to challenge antitrust fine in EU court Tweet Share this Email Print Related News J&J gains EU clearance for $21 billion Synthes deal Thu, Apr 19 2012 Wall Street falls on day after big gains as IBM, Intel drag Wed, Apr 18 2012 EU probes Motorola after Microsoft, Apple complaints Tue, Apr 3 2012 EU regulators fine 8 window mountings firms $115 million Wed, Mar 28 2012 EU regulators set to fine Czech energy group EPH Tue, Mar 27 2012 Analysis & Opinion EXCLUSIVE: Ernst & Young to oversee high-stakes review of Citibank transactions, sources say Related Topics Tech » BRUSSELS | Wed Apr 25, 2012 9:06am EDT BRUSSELS (Reuters) - U.S. chipmaker Intel Corp will ask Europe's second-highest court in July to scrap a 1.06 billion euro ($1.4 billion) EU antitrust fine, arguing regulators failed to prove it blocked a rival in their 2009 decision. The European Commission, which acts as EU competition regulator, penalized Intel with its largest ever corporate fine because of anticompetitive tactics against arch-rival Advanced Micro Devices Inc. The decision came after an eight-year-long investigation. Intel will argue its case in a four-day hearing at the Luxembourg-based General Court on July 3 to 6, said two people familiar with the case. The company has said the fine, which represented 4.15 percent of its 2008 turnover, was "manifestly disproportionate". EU regulators can penalize companies with fines of up to 10 percent of their global revenue. Intel has already gained backing from the European Ombudsman, who censured the Commission for procedural errors in its investigation. In his non-binding report issued five months after the regulatory finding, the Ombudsman said he had found "maladministration" because the regulator had failed to make a proper note of a meeting with computer maker Dell Inc during its probe. The case is T-286/09, Intel vs Commission. ($1 = 0.7574 euros) (Reporting by Foo Yun Chee; Editing by Rex Merrifield and David Holmes) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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