BRUSSELS, Oct 24 (Reuters) -
The EU Court of Justice, Europe's top court, ruled on
Thursday 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 Court of Justice dismisses the Commission's appeal,
thereby upholding the judgment of the General Court," the court
said.
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.
EU regulators had initially fined Intel ( INTC ) 1.06 billion euros
($1.14 billion) but a lower tribunal scrapped that.
Intel's ( INTC ) case was boosted earlier this year when an adviser
to the court said regulators had not properly performed an
economic analysis.
($1 = 0.9285 euros)