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Intel Wins Against EU as Top Court Axes $1.15B Antitrust Fine
IntelIntel(US:INTC) Investopedia·2024-10-24 13:16

KEY TAKEAWAYSIntel notched a win in a long-running fight against the European Union (EU) after the bloc's top court backed the annulment of a 1.06-billion-euro ($1.15 billion) antitrust fine on the U.S. chipmaker.On Thursday, the European Court of Justice said it dismissed the appeal by the European Commission, the EU's enforcement arm, to stick with the fine.The court's ruling is final and can't be appealed.The European Commission had alleged that Intel had abused its dominance in the market for x86 centra ...