US's Intel corp wins court fight over EU's historic $1.1 bn penalty

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US's Intel corp wins court fight over EU's historic $1.1 bn penalty - Business Standard

Quick Summary:

This targeted how Intel had paid manufacturer to halt the launch of products containing competing chipsets — conduct described as “naked restrictions” in EU antitrust law.

Another legal battle is still ongoing after the commission imposed a new €376.36 million fine last year — focusing on the parts of its case where it actually won at the lower court in 2022.World may warm up to 3.

The commission at the time appealed its first big defeat in an antitrust case in more than 20 years — saying the judgment at the EU’s General Court was riddled with errors.