LUXEMBOURG : U.S. chipmaker Intel on Friday sparred with EU antitrust regulators over a 376 million euro ($421.4 million) fine levied nearly two years ago for excluding rivals from the market, arguing that it was disproportionate and unfair. The case dated to 2009 when the European Commission slapped a then-record 1.06 billion euro fine on Intel for blocking rival Advanced Micro Devices. The tech giant managed to convince the General Court, Europe's second-highest, to scrap the penalty in 2022.