Intel Defeats EU Court Ruling and Challenges New Fine

Thursday, 24 October 2024, 13:30

EU Court of Justice sees Intel winning the antitrust battle against the Commission. This decision marks a significant shift in the European Union's stance on tech regulations. Intel's woes with the EU aren't over as it continues to fight a substantial fine from last year.
Engadget
Intel Defeats EU Court Ruling and Challenges New Fine

Intel's Landmark Victory Over EU Regulations

Intel has emerged victorious in a protracted antitrust legal battle with the EU Court of Justice. The court overturned an earlier fine of €1.06 billion ($1.1 billion) due to insufficient evidence from the Commission that Intel had issued illegal rebates to PC manufacturers. This ruling marks a critical juncture for Intel, which has faced scrutiny regarding its business practices.

Background on the Case

  • The original ruling from 2009 accused Intel of using hidden rebates.
  • Intel was said to have paid manufacturers to stall launches of AMD-powered products.
  • The EU's economic assessment of Intel’s actions was deemed inadequate.

Current Situation and Future Challenges

Despite the recent success in court, Intel still faces challenges with a €376 million ($406 million) fine imposed by the Commission in 2022 related to prior decisions about 'naked restrictions'. The processor market has seen radical changes since 2009, with Intel's market share dipping from 81% to 63%, amidst fierce competition from AMD and TSMC.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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