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Home ESG FINANCE Business

Intel Fights €376 Million Antitrust Fine over Market Practices

The U.S. chipmaker contests a re-imposed penalty for allegedly blocking rivals, arguing the fine is excessive and unfair as it battles EU regulators in court

byJames Leys
May 16, 2025
in Business, ESG FINANCE, ESG News, Sustainable Finance, Uncategorized
ESG News regarding Intel Challenges €376 Million EU Fine Over Anti-Competitive Practices

The chipmaker claims the fine imposed by EU to be disproportionate

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Today’s ESG Updates

  • Intel Challenges €376 Million EU Fine Over Anti-Competitive Practices: The U.S. chipmaker argues EU penalty for blocking rivals is unfair.
  • Apple Blocks Fortnite on iPhones Amid Legal Dispute: Epic Games claims Apple has cut off access to the popular game in the U.S. and EU.
  • CBRE Invests in ENGIE’s 2.4 GW Battery Storage Portfolio: Partnership strengthens clean energy move with storage projects in Texas and California.
  • Texas Heat Wave Breaks Records, Strains Power Grid: Record-high temperatures test public health and electricity supply.
Featured ESG Tool of the Week:
Klimado – Navigating climate complexity just got easier. Klimado offers a user-friendly platform for tracking local and global environmental shifts, making it an essential tool for climate-aware individuals and organizations.

Intel challenges €376 million EU fine over anti-competitive practices

Intel is contesting a 376 million euro fine imposed by EU antitrust regulators for anti-competitive practices, claiming it is disproportionate. The fine stems from Intel’s payments to HP, Acer, and Lenovo to delay rival products between 2002 and 2006. Although the General Court annulled part of a previous 1.06 billion euro fine in 2022, it upheld part of the original decision. Intel claims the fine doesn’t match the nature of its violations but the EU insists the penalty is fair. A final ruling is expected soon. Companies can stay ahead of the latest legislation and regulations by leveraging ESG solutions.

***

Further reading: Intel spars with EU regulators over $421.4 million antitrust fine


Apple blocks Fortnite on iPhones amid ongoing legal dispute with Epic Games

ESG News regarding Apple Blocks Fortnite on iPhones Amid Legal Dispute
Fortnite’s parent company, Tencent has been in a legal battle with Apple since 2020. Photo Credits: appshunter.io

Apple has blocked access to the “Fortnite” video game on iPhones in the U.S. and through Epic Games’ store in the European Union, according to Epic. The game will remain unavailable worldwide until Apple lifts the block. Although the reasons for the blockage were not specified by either party, this move comes amid an ongoing legal dispute between Apple and Epic over Apple’s 30% commission on in-app purchases. This follows a ban on Fortnite in 2020, but the game was later allowed back in 2023 after pressure from the EU. Epic recently won a legal case against Apple.

***
Further reading: Apple blocks access to video game Fortnite in US, EU, Epic Games says


CBRE Investment Management joins ENGIE in $2.4 GW battery storage deal in Texas and California

ESG News regarding CBRE Invests in ENGIE’s 2.4 GW Battery Storage Portfolio
This investment marks one of CBRE’s largest operating portfolio partnerships in the U.S. Photo Credits: Wikimedia Commons

ENGIE North America announced a significant investment from CBRE Investment Management in a portfolio of battery storage assets located in Texas and California, totaling 2.4 GW across 31 operational projects. This deal, one of the largest battery storage financing transactions to date, supports the clean energy move by addressing the intermittent nature of renewable energy sources like wind and solar. It also aims to meet growing energy demand from transport and AI sectors, the latter of which have ballooned recently. ENGIE sees this partnership as a major step in strengthening its North American strategy and grid resilience.

***

Further Reading: CBRE IM Invests in Large-Scale Engie Battery Storage Portfolio in Texas and California


Texas heatwave breaks records and strains power grid amid continuing climate crisis

ESG News regarding Texas Heat Wave Breaks Records, Strains Power Grid
The heatwave started earlier this week, putting strain on public health systems and infrastructure. Photo Credits: Brandon Frie

Texas is experiencing an intense heatwave with record-breaking temperatures, ranging from 100°F to 111°F across the central and southern regions. The Lone Star State is now hotter than Death Valley which poses serious health risks for those without air conditioning or sufficient water supplies. The state’s power grid has also been tested by the heat as electricity demand is higher than ever. Experts have linked the extreme temperatures to the global climate crisis as there are more frequent and severe heat waves. Climate action efforts remain stalled under the Trump administration’s policies which could exacerbate the issue. Companies can use ESG tools to stay updated on the latest climate information.

***

Further reading: Texas swelters as record-breaking heatwave sweeps across state


Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Rubaitul Azad

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James Leys

James Leys

James is an undergraduate advertising student with a background in technical customer support and IT administration. He has a keen interest in emerging sustainable technologies and infrastructure. Having worked in customer service for a decade, he is now refining his writing skills as a newcomer to the creative industry. In his free time, James follows the film and video game industries closely. He founded the UAL Film Society and has created his own digital publication related to PlayStation content and news. He holds a deep passion for print media and the ever-changing, modern content creation platforms.

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