Intel’s $1.45 billion EU antitrust fine is officially history
The EU's highest court has dismissed the European Commission's appeal, effectively nullifying a €1.06 billion antitrust fine imposed on Intel for dominance abuse in 2009.
MAIN POINTS
- The €1.06 billion fine was originally imposed on Intel in 2009 for antitrust violations.
- A 2022 lower court ruling annulled the penalty, which the European Commission appealed.
- The EU's top court has now rejected the Commission's appeal.
- This decision effectively ends the long-standing legal battle over the fine.
TAKEAWAYS
- Intel is no longer liable for the €1.06 billion antitrust fine.
- The European Commission's efforts to reinstate the penalty have been unsuccessful.
- The ruling highlights the complexity of antitrust enforcement in the EU.
- Legal processes in antitrust cases can extend over many years, impacting outcomes.