Intel (INTC) lost a challenge against a EUR 376M EU antitrust fine that was imposed for thwarting rivals, but the General Court did slash the fine by a third, Foo Yun Chee of Reuters reports. The European Commission handed out the fine in 2023 after its earlier penalty of EUR 1.06B was thrown out. “The General Court upholds the Commission’s 2023 decision against Intel but reduces the fine by approximately 140 million euros,” the Luxembourg-based tribunal said, according to Reuters.
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