Europe’s Top Court Rules For Intel To End Long-Running Antitrust Case
The EU Court of Justice ruled in favor of Intel, dismissing the European Commission’s appeal and ending a nearly two-decade-long case over allegations that Intel’s rebates to computer makers were anticompetitive. Reuters reports: The European Commission had fined Intel for giving rebates to computer makers Dell, Hewlett-Packard and Lenovo for buying most of their chips from Intel, which regulators said was an attempt to block Advanced Micro Devices. Regulators generally oppose rebates offered by dominant companies because they fear they may be anticompetitive, while companies say enforcers must prove discounts have anticompetitive effects before companies are sanctioned.
EU regulators had initially fined Intel 1.06 billion euros ($1.14 billion) but a lower tribunal scrapped that. Intel’s case was boosted earlier this year when an adviser to the court said regulators had not properly performed an economic analysis.
Read more of this story at Slashdot.
The EU Court of Justice ruled in favor of Intel, dismissing the European Commission’s appeal and ending a nearly two-decade-long case over allegations that Intel’s rebates to computer makers were anticompetitive. Reuters reports: The European Commission had fined Intel for giving rebates to computer makers Dell, Hewlett-Packard and Lenovo for buying most of their chips from Intel, which regulators said was an attempt to block Advanced Micro Devices. Regulators generally oppose rebates offered by dominant companies because they fear they may be anticompetitive, while companies say enforcers must prove discounts have anticompetitive effects before companies are sanctioned.
EU regulators had initially fined Intel 1.06 billion euros ($1.14 billion) but a lower tribunal scrapped that. Intel’s case was boosted earlier this year when an adviser to the court said regulators had not properly performed an economic analysis.
Read more of this story at Slashdot.