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Intel really just asked the EU for $624M to pay it back for overturned anti-AMD fine

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fatima khan
fatima khan
A brand new writer in the fields, Fatima has been taken under my electric spark's RGB- rich and ensures she doesn't engage in excessive snark on the website. It's unclear what command and Conquer are; however, she can talk for hours about the odd rhythm games, hardware, product reviews, and MMOs that were popular in the 2000s. Fatima has been creating various announcements, previews, and other content while here, but particularly enjoys writing regarding Products' latest news in the market she's currently addicted to. She is likely talking to an additional blogger with her current obsession right now.

Intel is seeking to be paid interest of €593 million on the overturned €1.05 billion fine (opens in new tab) it received from the European Commission back in 2009. The antitrust ruling was overturned at the beginning of the year, and so Intel has gone to EU General Court seeking compensation and interest on the fine. In fact, Intel is claiming back almost half of that original fine, based on the European Central Bank’s refinancing rates. 

In case you need a reminder on all of this: Intel allegedly took part in anti-competitive practices that saw it offer conditional rebates to key OEMs such as Dell, HP, and Lenovo, making it difficult for competitors (read AMD, or ARM if you prefer, but really AMD) to compete with their own CPUs. 

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