Intel fails to get EU antitrust ruling overturned in longstanding 16-year AMD competition case ā chipmaker sees $1.2 billion fine reduced to $278 million
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Verdict: Intel's appeal to overturn an EU antitrust ruling failed, resulting in a reduced but still significant fine of $278 million.
ā” Quick Hits
- Intel's challenge to the EU antitrust ruling was unsuccessful.
- The fine was reduced from $1.2 billion to $278 million.
- The case relates to a 16-year competition dispute with AMD.
Intel has lost its challenge to overturn an EU antitrust ruling, a decision made public on Wednesday. The chipmaker now faces a fine of $278 million. This ruling stems from a long-standing, 16-year competition case involving AMD. While Intel did not completely escape penalty, the initial fine of $1.2 billion was significantly reduced.
*Source Intel: Read Original*
