Intel Receives $536-M In Interest From $1.06-B EU Antitrust Fine

U.S. chipmaker Intel has received €515.55 million ($536 million) in default interest from EU antitrust regulators, linked to a €1.06 billion fine imposed in 2009, EU antitrust chief Teresa Ribera informed lawmakers, Reuters reporter Foo Yun Chee wrote.

While the court dismissed most of the Commission's decision, it upheld findings that Intel made payments to HP, Acer, and Lenovo to delay or halt rival product launches. I Photo: Intel Facebook

Intel sued the European Commission for €593 million in 2022 after successfully convincing Europe's second-highest court to overturn the original fine. In recent years, more companies have taken legal action to force the EU executive branch to pay default interest on refunded fines from annulled antitrust cases.

"The Commission paid Intel on November 6, 2024, the appropriate interest compensation of €515,547,908.15," Ribera wrote in a letter to a European Parliament lawmaker.

While the court dismissed most of the Commission's decision, it upheld findings that Intel made payments to HP, Acer, and Lenovo to delay or halt rival product launches. This resulted in a separate EU fine of €376 million for Intel in 2023.