Intel wants almost 600 million interest from the EU after the cartel fine has been lifted


In the dispute over an antitrust fine that has been lifted, the chip manufacturer is now following up.

(Photo: Reuters)

Frankfurt After the lifting of a billion-euro antitrust fine by the second highest European court, the US chip manufacturer Intel wants 593 million euros in interest from the EU. In January, the Court of Justice of the European Union annulled a fine of 1.06 billion euros that had been imposed on the US chip manufacturer by the European antitrust authorities twelve years ago.

The EU Commission had accused the company of having granted discounts to computer manufacturers Dell, Hewlett-Packard and Lenovo in order to hinder rival Advanced Micro Devices. Because the Commission did not adequately examine the company’s objections, the EU court declared Intel’s competition penalty void at the time.

The dispute has a long history. As early as May 2009, the EU Commission, under Neelie Kroes, the EU Commissioner responsible for competition at the time, imposed what was then a historic high fine of a good one billion euros. The competition authorities had punished Intel for the alleged abuse of a dominant market position.

In addition, the chip giant linked payments to the German electronics store chain Media-Saturn to the condition that they only sell computers with Intel processors. According to the reasoning of the EU Commission, Intel wanted to force the only serious competitor out of the market.

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The US company initially failed in 2014 with an action against the fine at the EU court, but three years later the ECJ decided that the EU court had to reopen the case.

More: EU court overturns billions in antitrust fine against Intel

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