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Intel loses appeal against 1.06 billion European antitrust fine
2014-06-12 11:18:14| InfoWorld: Top News
Intel lost its appeal against a 1.06 billion (US$1.44 billion) antitrust fine on Thursday when the General Court of the European Union upheld a 2009 ruling by the European Commission that the company had abused its dominant market position. The Commission had found that Intel had abused its dominant position by offering rebates to customers on the condition they buy all their x86 CPUs from the company.
Tags: fine
european
intel
billion
Intel loses appeal against $1.44 billion European antitrust fine
2014-06-12 11:18:14| InfoWorld: Top News
Intel lost its appeal against a 1.06 billion ($1.44 billion) antitrust fine on Thursday when the General Court of the European Union upheld a 2009 ruling by the European Commission that the company had abused its dominant market position. The Commission had found that Intel had abused its dominant position by offering rebates to customers on the condition they buy all their x86 CPUs from the company.
Tags: fine
european
intel
billion
Former Nike employee fired after letting son, others into campus gym loses $27 million lawsuit
2014-06-12 03:21:46| Footwear - Topix.net
A 56-year-old Nike electrician who claimed he was fired because he complained about safety violations at the athletic apparel maker's Beaverton campus has lost a $27 million lawsuit against the company.
Tags: son
million
employee
campus
BP loses bid to freeze spill payouts
2014-06-09 23:23:11| BBC News | Business | UK Edition
The US Supreme Court has refused to allow BP to stop paying compensation claims while it awaits a review of its settlement with businesses over the 2010 Gulf of Mexico oil spill.
Telefonica loses Cade appeal, considers Brazil options
2014-06-06 09:19:00| Telecompaper Headlines
(Telecompaper) Telefonica has lost its appeal against the ultimatum issued by Brazil's anti-trust regulator, Cade, at the end of 2013 to scale back its influence in the Brazilian telecoms sector. In a decision issued on 05 December, Cade ordered Telefonica to either sell its interest in TIM Participacoes (Tim Brasil), the local unit of Telecom Italia, or find a new partner for its own Vivo unit. The regulator also confirmed a fine of BRL 15 million imposed on Telefonica for breaching a performance agreement signed in 2010, in which the Spanish group agreed not to participate in TIM Brasil's management decisions or raise its stake in Telecom Italia. Telefonica has a timeframe of 18 months in which to comply with Cade's ruling. However, according to Brazilian daily Estadao, Telefonica is now considering taking the matter to the civil courts on the grounds that the agreement to raise its stake in Telecom Italia through investment vehicle Telco will not have repercussions on the Brazilian market, since the corresponding shares are without voting rights. The situation is complicated by the fact that the Telefonica-led Telco partnership is due to be unravelled later this month, with two of the Italian shareholders, Generali and Mediobanca, planning to exit the holding.
Tags: options
brazil
appeal
considers
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