The European Commission is again imposing a fine on Intel, this time of around 376 million euros.
The Brussels competition watchdog said the penalty was related to the abuse of a dominant position in the market for computer chips, the so-called x86 Central Processing Units (“CPUs”).
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According to the EU, Intel is said to have used a series of anti-competitive practices aimed at driving competitors out of the relevant market. In doing so, the US company violated EU antitrust regulations.
In NASDAQ trading, Intel shares lost 1.36 percent and closed at $34.18.
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