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EU court annuls Intel’s 2009 billion euro antitrust fine


LONDON (AP) — Chipmaker Intel has scored a decisive legal victory in a long-running battle against European Union competition watchdogs. The win came when a court reversed itself and threw out a billion-euro antitrust fine issued more than a decade ago. The EU’s General Court annulled the 1.06 billion euro fine that competition regulators gave in 2009 to Intel for allegedly using illegal sales tactics to shut out smaller rival AMD. It was the General Court’s second decision on the case, after the bloc’s top court ordered it to take another look at its earlier decision. 

Article Topic Follows: AP National Business

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Associated Press


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