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Intel has lost its challenge to overturn an EU antitrust ruling on Wednesday, meaning it faces a 237 million Euros ($278 million) fine, reports Reuters. This is probably, finally, the conclusion of a very long-running antitrust investigation and legal dispute that kicked off in the early noughties. However, the scale of the fine is only about a quarter of what it was back in 2009.
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Intel has lost its challenge to overturn an EU antitrust ruling on Wednesday, meaning it faces a 237 million Euros ($278 million) fine, reports Reuters. This is probably, finally, the conclusion of a very long-running antitrust investigation and legal dispute that kicked off in the early noughties. However, the scale of the fine is only about a quarter of what it was back in 2009.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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