EU fines for Intel reduced

Published:

EU fines for Intel reduced
Photo: Chiang Ying-ying/AP/TT

American computer giant Intel has a billion-euro fine from the EU reduced by a third, following a decision in the EU Court of Justice.

Wednesday's ruling is the latest chapter in a battle between the European Commission and the chipmaker that has been ongoing in rounds since 2009, over allegations that Intel abused its dominant position in the market.

This time, the court finds that the European Commission was right in imposing a hefty fine on Intel in 2023. However, it believes that the sum should be reduced from 376 million euros to 237 million euros – equivalent to just over 2.5 billion Swedish kronor.

Loading related articles...

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for our readers

More news

Loading related posts...