Intel scores major win as court scraps $1.2 billion EU antitrust fine
2 years, 10 months ago

Intel scores major win as court scraps $1.2 billion EU antitrust fine

The Hindu  

Intel on Wednesday won its fight against a 1.06-billion-euro EU antitrust fine that the U.S. chipmaker was handed 12 years ago for stifling a rival, in a major setback for EU antitrust regulators. The judgment by Europe's second-top court in support of Intel's arguments is likely to cheer Alphabet unit Google in its fight against hefty EU antitrust fines and Apple, Amazon and Facebook, which are in the EU antitrust enforcer's crosshairs. The European Commission penalised Intel in 2009 for trying to block rival Advanced Micro Devices by giving rebates to computer makers Dell, Hewlett-Packard Co, NEC and Lenovo for buying most of their chips from Intel. The same court had in 2014 upheld the Commission's 2009 decision but was subsequently told by the EU Court of Justice, Europe's highest, in 2017 to reexamine Intel's appeal.

History of this topic

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