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Europe's top court rules for Intel in long-running antitrust case
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Europe's top court rules for Intel in long-running antitrust case
Oct 31, 2024 9:12 PM

BRUSSELS, Oct 23 (Reuters) - EU Court of Justice,

Europe's top court, ruled in favour of Intel ( INTC ), ending a

nearly two decade-long fight between the U.S. chipmaker and EU

regulators who had said it had tried to thwart a rival.

The European Commission had fined Intel ( INTC ) for giving rebates

to computer makers Dell, Hewlett-Packard Co, NEC

and Lenovo ( LNVGF ), for buying most of their chips from Intel ( INTC ),

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.

($1 = 0.9285 euros)

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