Tech

Intel fined €376.36m by EU antitrust regulators

Chipmaker expresses ‘disappointment’ at level of fine over ‘abuse of dominant position in the market for x68 chipsets

Intel already flagged earlier this year that the commission reopened its administrative procedure to determine a fine based on allegedly abusive conduct that had previously been established.

Intel has been hit with a new €376.36 million fine by European Union antitrust regulators after an EU court wiped out a one-time record €1.06 billion penalty against the chipmaker.

The European Commission on Friday said it reimposed the smaller fine for “a previously established abuse of dominant position in the market for computer chips called x86 central processing units” after it found that Intel had “engaged in a series of anticompetitive practices aimed at ...