Intel Seeks $624 Million in Interest From EU After Antitrust Fine Win

Intel Seeks $624 Million in Interest From EU After Antitrust Fine Win
The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland, on May 25, 2022. Arnd Wiegmann/Reuters
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BRUSSELS—U.S. chipmaker Intel has filed a claim for 593 million euros ($624 million) in interest from the European Commission, five months after it convinced Europe’s second-top court to scrap a 1.06-billion-euro EU antitrust fine, an EU filing showed on Monday.

Europe’s top court paved the way for such damage demands last year in a landmark ruling which ordered the EU executive to pay default interest on reimbursed fines in annulled antitrust cases.