Posted 9/22/2023, 11:20:22 AM
EU Hits Intel with $400 Million Antitrust Fine in Latest Ruling on Long-Running Case
- EU antitrust regulators fine Intel $400 million in latest ruling in long-running case
- Original $1.06 billion fine from 2009 was annulled by court last year
- Court upheld that Intel's sales restrictions were illegal but had issues with analysis of rebates
- Lower new fine reflects narrower scope of revised antitrust violation
- Case dates back over a decade to allegations Intel used sales tactics to shut out rival AMD
