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Intel Wants the EU to Pay It $624 Million in Interest Over Overturned Fine

6/20/22 at 6:20pm

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WebProNews

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Matt Milano

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Intel may have won its case to overturn a €1 billion fine antitrust fine in the EU, but the chipmaker is now pressing for interest to be paid. In January 2022, the EU’s second-highest court overturned a €1 billion fine imposed on Intel in 2009. The EU Court did address interest last year, saying the Commission would need to pay default interest for fines that have been overturned and reimbursed. Last week the same court overturned a $1 billion fine against Qualcomm, criticizing regulators’ handling of the case.

Intel EU WebProNews

WebProNews Intel Wants the EU to Pay It $624 Million in Interest Over Overturned Fine Intel may have won its case to overturn a €1 billion fine antitrust fine in the EU, but the chipmaker is now pressing for interest to be paid. Intel Wants the EU to Pay It $…

Computers & Electronics Intel EU WebProNews

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Intel demands $625m in interest from Europe on overturned antitrust fine

https://www.webpronews.com/intel-eu-fine-interest/

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