Gadgets News

Europe’s second-largest court has revoked Intel’s € 1.06 billion fine

Intel has emerged victorious (so far) in a long-running lawsuit that once saw the chef get fired on a historic fine by the European Commission. The Supreme Court, the second highest court in Europe, has overturned a € 1.06 billion fine imposed on the company in 2009. Back then, the Commission sure Intel misused its position in the market and harmed its competitors by encouraging manufacturers such as HP, Dell and Lenovo to use their microprocessors instead of their AMD competitors.

The company, of course, appealed the decision, but the Supreme Court did connected fined in 2014. Intel had a game plan to shut down AMD in the market and “tried to hide against (that) systems,” the court said. But in 2017, the highest court in the European Union ordered the imposition of a fine reviewed. It also referred the case to the Supreme Court on the grounds that the Commission did not consider financial analysis of how Intel’s actions affected competitors’ ability to compete.

Now, the Supreme Court has handed down its decision, which confirmed that the Committee had scrutinized the company’s reimbursement process all those years ago. As a result, it is not possible to determine whether the return that Intel offered to manufacturers “could have, or could have anti-competitive effects.” The Supreme Court has also ruled that it cannot determine the amount that Intel has to pay, which is why it has lost the decision and the fine paid to the chip maker.

It is a great achievement for a company that is trying to reach AMD as it struggles with global demand. According to The Wall Street Journalhowever, the decision would have appealed, and it would have to go back to the Supreme Court if that were the case.

All sales supported by Engadget are selected by our writing team, independent of our parent company. Some of our articles include links to links. When you purchase something through one of these links, we may be able to find a partner.


Source link

Related Articles

Leave a Reply

Back to top button