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Intel is getting a billion dollars back from Europe — down from $1.4 billion — because its monopoly power WAS bad but maybe not THAT bad.
It’s a convoluted story! Intel paid a $1.4B fine in 2009, lost its challenge in 2014, won its challenge in 2022, and today the EU says it still owes a fine of $400 million (via AP).
Antitrust: Commission re-imposes €376.36 million fine on Intel
[European Commission - European Commission]
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