Home » Technology » European antitrust reduces Intel fine to 376 million euros

European antitrust reduces Intel fine to 376 million euros

by Alexandra Hartman Editor-in-Chief

2023-09-22 17:10:29

Published on September 22, 2023 at 6:09 p.m. Updated on September 22, 2023 at 7:10 p.m.

New fine for Intel from the European Commission for anti-competitive practices in the semiconductor sector. The American giant receives 376 million euros from the antitrust, yet another twist in a soap opera that has lasted for fourteen years now.

The case is quite unusual because the American giant was sentenced to a first record fine of more than a billion euros in 2009. But, unexpectedly, the EU court canceled it in 2022. The affair then caused a stir.

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