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

Intel has filed a claim for EUR 593 million (nearly $624 million or Rs. 4,800 crore) in interest from the European Commission, five months after its scrap a EUR 1.06 billion (nearly Rs. 8,600 crore) EU antitrust fine was scraped in a court in Europe. Intel said its claim is based on an interest rate equivalent to the European Central Bank's refinancing rate of 1.25 pe...

from Gadgets 360 https://ift.tt/B1uzbtA