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Intel Chips

Intel Chips latest

Intel chips
September 22nd, 2023 - 01:42 GMT
Osama Ali

Osama Ali

EU slaps Intel with a whopping €376 million fine over market manipulation

ALBAWABA - In a bold move, the European Union (EU) Commission has once again wielded its regulatory power, this time hitting US chip giant Intel with a staggering fine of €376,360,000. The penalty stems from allegations of market abuse and anti-competitive practices that date back to the early 2000s. The EU Commission, on announcing this renewed fine, accused Intel of flouting EU antitrust regulations by engaging in practices designed to ...
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