European Union court strikes down $1.2 billion Intel antitrust fine

European Union court strikes down $1.2 billion Intel antitrust fine

by Tech News
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What just happened? Intel scored a win this week in its 12-year fight against a European Union antitrust investigation. A European court struck down a fine of over a billion dollars Intel had been hit with for alleged anticompetitive behavior.

This week the EU’s second-highest court in Luxembourg ruled in support of Intel and dropped a fine of 1.06 billion Euros ($1.2 billion) that the European Commission levied against Intel. The case goes way back to 2000 when competitor AMD started raising complaints that Intel was giving European retailers special treatment, in the form of rebates, for favoring its processors over AMD’s.

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