EU upholds Intel antitrust ruling but cuts fine by a third
NeutralTechnology

- The European Union has upheld a significant antitrust ruling against Intel, reducing the company's fine from €1.06 billion to €237 million, stemming from anticompetitive practices identified two decades ago. This decision reflects ongoing scrutiny of Intel's business practices within the EU regulatory framework.
- The reduction in the fine may provide Intel with some financial relief, yet the ruling reinforces the EU's long-standing position on maintaining competitive markets, which could impact Intel's strategic operations and market positioning in Europe.
- This ruling occurs amidst a broader context of antitrust investigations within the tech industry, including recent inquiries into other major players like Google, highlighting the EU's commitment to regulating corporate practices and ensuring fair competition across the technology sector.
— via World Pulse Now AI Editorial System





