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EU reduces record Intel antitrust fine to 376 million euros

The European Union's antitrust enforcer said Intel had engaged in "anti-competitive practices aimed at excluding competitors from the relevant market".

22nd September 2023
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The European Commission fined Intel after saying the company had offered clients price rebates to use its own computer chips in preference to rival AMD. (AFP)
By: NewVision Reporter, Journalists @NewVision

BERLIN - The European Commission slapped a new fine of 376 million euros (about sh1.5 trillion) on US chipmaker Intel on Friday after an EU court annulled a previous record

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