The lower court of the court of justice of the eu (cjeu) upheld a fine on us chipmaker intel on wednesday for abuse of its dominant position but reduced the penalty from €376 million to €237. The ruling confirms that intel acted to limit competition in the x86 cpu market Judges reduced the financial penalty by approximately €140 million and set the fine at €237,105,540 While the original 2023 fine stood at €376 million, the court said the lower figure better reflects the gravity and duration of the infringement. The decision, issued in luxembourg, cuts intel’s fine by nearly €140 million (about us$163 million), lowering the total to roughly €237.1 million (us$275 million) While the court affirmed that intel abused its dominance in the x86 cpu market, it concluded that the previous penalty overstated the gravity and duration of the infringements.
Judges said a 237 million euro fine is a more appropriate reflection of the gravity and duration of the infringement at issue. General court of the european union rejected intel corp.'s appeal against a €376.4 million eu antitrust fine but reduced the fine to €237.1 million.
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