Intel sees record EU fine reduced further / Photo: Pau BARRENA - AFP/File
-
Hatton jumps into Masters hunt with stunning 66
-
African charity sues Prince Harry for defamation
-
Fury happy to be the 'hunter' on return to ring
-
Israeli strike in Lebanon kills 13 security forces as war toll rises
-
Teen Sooryavanshi equals record to power Rajasthan to fourth IPL win
-
Balogun strike in vain as Monaco suffer heavy defeat
-
With a little help from his friends, Vacherot reaches Monte Carlo semis
-
Venezuelan opposition demands elections after Maduro ouster
-
Starmer says NATO in US's 'interests' as Gulf tour ends
-
African charity says suing Prince Harry over 'reputational harm'
-
McIlroy battles Rose and Hatton for the Masters lead
-
Djibouti counts votes as leader seeks sixth term
-
Parachutes: A vital part of Artemis II's trip home
-
Michael Jackson fans swarm Berlin for biopic premiere
-
Iran sets conditions as Vance warns Tehran not to 'play' US at talks
-
Trump says Iran has 'no cards' beyond Hormuz control
-
Israeli strike in south Lebanon kills 13 security personnel
-
Will The Wise wins Topham as tragedy strikes Gold Dancer
-
Over 100,000 worshippers perform Friday prayers at Al-Aqsa
-
Teen star Seixas claims stage five to close on Basque Tour victory
-
War's impact on fertilisers stirs food producer fears
-
De Zerbi urges Spurs to unleash attacking 'DNA' in survival fight
-
US inflation surges to 3.3% as Iran war impact bites
-
Thais fete new year with family despite fuel price spike
-
Scheffler scrambles, Rose stumbles early at Masters
-
On Iran truce, all sides want bigger China role, but does China?
-
Sinner eases into Monte Carlo semi-final against Zverev
-
Inter skipper Martinez suffers calf injury
-
Ukrainians sceptical as Kremlin orders Easter truce
-
Arteta urges Arsenal to pile pressure on Man City in title race
-
Pay fears grow for US security workers in shutdown
-
Hungary rivals rally crowds in closing strait of election campaign
-
Swede goes on trial for pressuring wife to sell sex
-
US inflation surges 3.3% as Iran war impact bites
-
Vance warns Iran not to 'play' US at talks in Pakistan
-
Fernandez remains out despite apology: Chelsea boss Rosenior
-
Dortmund defender Schlotterbeck extends contract until 2031
-
De Zerbi vows to save troubled Spurs from relegation
-
Antwerp port reopens to North Sea shipping after oil spill
-
Stocks mixed, oil steadies on guarded optimism for Iran ceasefire
-
Sinner eases into Monte Carlo semi-finals
-
France's Macron talks war, peace and basketball with Pope Leo
-
Fernandez apologised over comments about his future: Chelsea's Rosenior
-
Coach Spalletti signs new Juve deal until 2028
-
AI chatbots offer children harm as if it were help, says activist
-
'Grumpy' Guardiola wants Silva to stay at Man City for life
-
Zverev beats Fonseca to reach Monte Carlo semi-finals
-
Scheffler, Rose to chase McIlroy with early Masters starts
-
Celine Dion's Paris concerts promise to spin the money on and on
-
Stocks climb, oil steadies on guarded optimism over Iran war ceasefire
Intel sees record EU fine reduced further
The EU General Court dealt a blow to the European Commission on Wednesday in reducing what was initially a record fine against US chipmaker Intel to 237 million euros ($276 million) -- a quarter of the original sum.
Brussels imposed an initial 1.06-billion-euro fine on the group in 2009, then a record amount, for abusing its dominant market position between 2002 and 2007 and attempting to drive its only serious competitor, AMD, out of the microprocessor market.
Intel has since engaged in lengthy legal proceedings to have the fine overturned.
In 2022, it won its case when the General Court, based in Luxembourg, partially invalidated the penalty and ordered the Commission to reassess the total fine.
In September 2023, Brussels set a new amount of 376 million euros.
But the US group again appealed.
In the new ruling published Wednesday, the court said it had "substantially upheld the 2023 decision", but reduced the fine to 237 million euros.
The court justified the move citing, firstly, the "relatively limited number of computers" affected by certain restrictions Intel imposed on computer manufacturers such as Acer and Lenovo to hinder AMD.
Secondly, it cited a 12-month interval between "some of the anti-competitive practices".
A.AbuSaada--SF-PST
