Intel disputes $421M fine from EU regulators stemming from 16-year-old case: report

1 month ago 2
Businessman working on a laptop outside the European Commission building with multiple European Union flags in the background

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Intel (NASDAQ:INTC) attorneys disputed the magnitude of a $421.4M fine levied against the semiconductor company by the European Commission for allegedly blocking rival firms from the market, according to Reuters.

The case dates back to 2009, when the Commission hit Intel

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