After winning an antitrust fine, Intel is seeking $624 million in interest from the EU.

BRUSSELS: Intel, the world's largest chipmaker, has filed a claim with the European Commission for 593 million euros ($624 million) in interest, five months after convincing Europe's second-highest court to dismiss a 1.06 billion euro EU antitrust penalties, according to an EU filing released on Monday.

Last year, the EU executive was forced to pay default interest on refunded penalties in annulled antitrust proceedings by Europe's top court, paving the path for similar damage claims.

Late payment of interest, according to the judges, will incur interest as well.

In its case to the General Court in Luxembourg, Intel said that the European Commission, which operates as the EU's competition watchdog, had failed to pay the business for the default interest.

Following Intel's court defeat in January, the Commission returned $1.2 billion to the company.