Intel seeks €593m in interest from EU

Landmark ruling ordered the EU executive to pay default interest on reimbursed fines in annulled antitrust cases

The EU antitrust fine was handed down to Intel 12 years ago for trying to squeeze out a rival. Picture: Photocall Ireland

Chipmaker Intel has filed a claim for €593m in interest from the European Commission, five months after it convinced Europe's second-top court to scrap a €1.06bn EU antitrust fine, an EU filing on Monday showed.

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.