Intel sees record EU fine reduced further / Photo: © AFP/File
-
After a long slog to the top, Zverev leaps to No. 1 ranking
-
'Star Trek', 'X-Men' star Patrick Stewart dead at 86
-
Kuwait traffic authority cautions against hazard lights while driving in rain
-
Canada buying stake in AI firm Cohere to bolster tech sovereignty
-
Germany's Zverev becomes tennis world No. 1
-
Utah files criminal charges against prediction market Kalshi
-
Grealish dropped for Everton's League Cup tie after disciplinary breach
-
Grieving Spain demands answers for latest rail disaster
-
Kuwait National Guard official visits member injured during training
-
Judges to rule on Australian mushroom killer's appeal
-
Machado says Trump opened 'floodgate to freedom' for Venezuela
-
Qatar prime minister tours Cityscape Qatar 2026
-
CNN Global Perspectives prepares Doha debut with international speaker lineup
-
Bugatti CEO to stop leaving keys inside cars after Chiron theft
-
Qatar Olympic Academy completes record sports management course
-
Starc, Lyon leave South Africa reeling
-
Jazeera Paints showcases housing solutions at Build Your House 2026 in Qatar
-
Arsenal lose appeal against Dowman red card in shock Fleetwood defeat
-
French shooting suspect targeted Muslims, Africans: prosecutor
-
French court rules Meta must negotiate over rights payments
-
Es’hailSat and Arabsat agree broader satellite and broadcasting cooperation
-
Spain demands answers as rail disaster toll rises
-
Qatar and Russia outline plans to expand strategic partnership
-
Garcia bids for Ryder Cup return as he confirms LIV exit
-
Google drags down Wall Street stocks
-
England outlast Sri Lanka despite Rathnayake's hundred in dead rubber
-
Nations accused of undermining science at UN nature talks
-
Starc strikes twice as Australia push for victory
-
ECB says has tools to calm markets as French debt worries rise
-
Does White House ask AI to shape policy? Democrats want the receipts
-
ASEAN envoy ends Myanmar trip with no public Suu Kyi meeting
-
Trump tees up Alaska election challenge over same-name candidate 'fraud'
-
Three dead in rock spire collapse at Turkey's touristic Cappadocia
-
IMF says engaging with Iraq on preparing new bailout program
-
CAR tightens border checks as DR Congo Ebola cases rise
-
Two dead in rock spire collapse at Turkey's touristic Cappadocia
-
Does White House ask AI to decide policy? Democrats want the receipts
-
No surprise to Carrick he's still Man Utd manager
-
French businessman Roux de Bezieux takes over 2030 Winter Olympics after leadership turmoil
-
Two dead in rock spire collapse at tourist site in Turkey's Cappadocia
-
Tech jitters pull down Wall Street stocks
-
ECB holds rates steady after Lagarde says to quit early
-
Alaska governor orders probe into election same-name 'spoiler'
-
US economy posts strong growth, inflation stubbornly high in challenge to Trump
-
Gang-plagued Haiti sets election dates for 2027
-
What we know about Spain's deadly train crash
-
Neville warns managers can need sacking 'for their own good' as Carrick fights on
-
ECB chief Lagarde to step down early, triggering succession race
-
French businessman takes over 2030 Winter Olympics amid leadership turmoil
-
'Horrific' Russian drone strike kills 14 at Ukraine train station: Kyiv
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".
K.Hofmann--VB