Where does the money go?
Once final judgment has been delivered in any appeals before the Court of
First Instance (CFI) and the Court of Justice, the money goes into the
EU’s central budget, thus reducing the contributions that Member States
pay to the EU.
Does Intel have to pay the fine if it appeals to the European Court of
First Instance (CFI)?
Yes. In case of appeals to the CFI, it is normal practice that the fine is
paid into a blocked bank account pending the final outcome of the appeals
process. Any fine that is provisionally paid will produce interest based on the
interest rate applied by the European Central Bank to its main refinancing
operations. In exceptional circumstances, companies may be allowed to cover the
amount of the fine by a bank guarantee at a higher interest rate.
What percentage of Intel's turnover does the fine represent?
The fine represents 4.15 % of Intel's turnover in 2008. This is less
than half the allowable maximum, which is 10% of a company's annual
turnover.