European Commission fines Intel €376.36 mln for abuse of market power

The European Commission on Friday has just reimposed a fine of about 376.36 million euros ($400.26 million) on Intel for blocking the sales of devices powered by its competitors’ x86 CPUs.

The decision comes after Intel was found to have engaged in anticompetitive practices aimed at excluding competitors from the market, thus violating antitrust rules in the European Union (EU).

The commission’s initial fine was imposed in 2009 following an investigation that revealed Intel’s abusive practices in the x86 central processing units (CPUs) market. In 2022, the General Court partially annulled the 2009 Commission’s decision.