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.

Posted Sep 22, 2023, 8:04 PM UTC

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).

[European Commission - European Commission]