• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

May 13, 2026

Have Trump And Musk Made Amends?

May 13, 2026

Christopher Nolan Defends ‘The Odyssey’ Casting Decisions After Online Backlash

May 13, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Wednesday, May 13
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Have Trump And Musk Made Amends?

    May 13, 2026

    Trump Can Barely Walk As He Arrives In China With A Lumbering Thud

    May 13, 2026

    South Carolina Republicans tank redistricting, for now

    May 13, 2026

    Pennsylvania Supreme Court Justice Leaves Democratic Party

    May 13, 2026

    Buttigieg picks sides in Iowa

    May 13, 2026
  • Health

    Why Energetic Health Matters Now More Than Ever

    May 13, 2026

    The Doctor Shortage Is Getting Worse. Your Pharmacist Can Help

    May 13, 2026

    Trump DOJ intensifies push to restrict youth gender-affirming care

    May 13, 2026

    This $250 Million Startup Tracks How Cancer Reacts To Treatment In Real Time

    May 13, 2026

    Betrayed by RFK Jr., targeted by Trump, Bill Cassidy faces voters

    May 13, 2026
  • World

    At Least Six Dead Migrants Found in Trainyard near Texas Border

    May 13, 2026

    Trump Shares AI Image Of Democrats Bathing In Feces

    May 13, 2026

    Trump Rejects Iran Reply – ‘Laughing No Longer’

    May 13, 2026

    Trump Just Admitted Americans Aren’t His Focus In The Iran Negotiations

    May 13, 2026

    Deal Is ‘My Business Not Anyone Else’s’

    May 13, 2026
  • Business

    Another Key Inflation Measure Blows Past Forecasts

    May 13, 2026

    Prices Skyrocket To Highest Level In Years As Fallout From Iran War Continues Ravaging Economy

    May 12, 2026

    Reynolds Launches $3,200,000,000 Investment In America-Made Smokeless Nicotine

    May 8, 2026

    CEO Trolls Rival By Using Their Platform To Fund His Attempted Takeover Of Company — But They Aren’t Amused

    May 7, 2026

    Americans May Be Stuck Paying Wartime Gas Prices Long After Iran Deal

    May 7, 2026
  • Finance

    Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

    May 13, 2026

    Alibaba’s AI Business Is Booming, But Its Profits Basically Disappeared

    May 13, 2026

    Oil little changed as Trump heads to China; US oil stocks fall more than expected

    May 13, 2026

    B&G Foods positions for “transformational year” as guidance raised

    May 13, 2026

    Intel Has Tripled in 2026. The Sell in May Case for the Year’s Biggest Comeback Story

    May 13, 2026
  • Tech

    ‘AI Is Here,’ ‘We Can Work With It,’ ‘You Fight It … Is a Battle We Will Lose’

    May 13, 2026

    Google Reports First Known Case of AI-Developed Zero-Day Exploit Used by Cybercriminals

    May 13, 2026

    Microsoft CEO Satya Nadella Takes the Stand to Defend Relationship with OpenAI

    May 13, 2026

    Suspect Allegedly Asked Chat GPT ‘How to Make Bomb’, Targeted Louvre

    May 13, 2026

    Rapper Pitbull Partners with AI Company to Create Civics Lessons Taught by Founding Fathers

    May 13, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»EU hits Intel with $400 million antitrust fine in long-running computer chip case
Finance

EU hits Intel with $400 million antitrust fine in long-running computer chip case

September 22, 2023No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
EU hits Intel with $400 million antitrust fine in long-running computer chip case
Share
Facebook Twitter LinkedIn Pinterest Email

LONDON (AP) — European Union antitrust enforcers slapped Intel on Friday with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year.

The European Commission imposed the 376.4 million-euro fine after a court threw out an original 1.06 billion-euro penalty issued in 2009 over allegations that the Santa Clara, California-based company used illegal sales tactics to shut out smaller rival AMD.

The commission, the 27-nation bloc’s top antitrust watchdog, accused Intel of abusing its dominant position in the global market for x86 microprocessors with a strategy to exclude rivals by using rebates and sales restrictions.

The EU’s General Court last year annulled the original decision, saying that the commission’s analysis of the rebates didn’t meet legal standards.

However, the court confirmed that the sales restrictions amounted to an abuse of Intel’s dominant market position. It couldn’t decide how the total fine could be divided up between the two offenses, leaving the commission to come up with a new number.

“The lower fine imposed by today’s decision reflects the narrower scope of the infringement compared to the 2009 Commission decision,” the EU watchdog said.

Intel’s European press team didn’t respond immediately to an email seeking comment.

See also  NatWest CEO Alison Rose resigns after media storm
antitrust case Chip computer Fine hits Intel longrunning million
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

May 13, 2026

Alibaba’s AI Business Is Booming, But Its Profits Basically Disappeared

May 13, 2026

Oil little changed as Trump heads to China; US oil stocks fall more than expected

May 13, 2026

Google Reports First Known Case of AI-Developed Zero-Day Exploit Used by Cybercriminals

May 13, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

WGA Contract Talks to Resume on Wednesday

April 5, 2023

‘No Justification for Bringing Children’ to Pride Parades Filled with Raunchy Sex Acts

June 29, 2023

Manchester United believe they can land top target for £100 million

May 28, 2023

Dick Groat, Hoops Whiz Who Became a Star Shortstop, Dies at 92

April 27, 2023
Don't Miss

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

Finance May 13, 2026

Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, taking over the central…

Have Trump And Musk Made Amends?

May 13, 2026

Christopher Nolan Defends ‘The Odyssey’ Casting Decisions After Online Backlash

May 13, 2026

At Least Six Dead Migrants Found in Trainyard near Texas Border

May 13, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,359)
  • Entertainment (4,477)
  • Finance (3,356)
  • Health (2,024)
  • Lifestyle (1,876)
  • Politics (3,211)
  • Sports (4,177)
  • Tech (2,085)
  • Uncategorized (4)
  • World (4,224)
Our Picks

Viral video shows tourists hanging from speeding getaway car after alleged thieves ransack their vans in San Francisco

September 21, 2023

Ron DeSantis says Trump attacks are coming from the left

May 27, 2023

Victor Davis Hanson Calls on U.S. to Cut All Palestinian Aid After Jews Executed by ‘SS’ Hamas Killers Like During ‘Holocaust’

October 9, 2023
Popular Posts

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

May 13, 2026

Have Trump And Musk Made Amends?

May 13, 2026

Christopher Nolan Defends ‘The Odyssey’ Casting Decisions After Online Backlash

May 13, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.