US tech multinational Intel has won a major victory in its long-running battle with the European Union over a €1.06 billion antitrust fine, with Europe’s top court ruling in the chipmaker’s favour.
In 2009, the European Commission slapped the fine on Intel, saying it had engaged in anti-competitive practices.
The commission alleged two types of anti-competitive behaviour. First, Intel was accused of offering hidden “conditional rebates” to computer manufacturers who chose Intel chips over those from competitors, particularly AMD. Second, the company allegedly paid manufacturers to delay or cancel products using AMD processors, pushing them out of the market —practices termed “naked restrictions.”
In 2014, the EU General Court found issues with parts of the original case and annulled the fine.
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