Intel on Wednesday won its appeal against a 1.06-billion-euro EU antitrust fine handed down to the U.S. chipmaker twelve years ago for stifling a rival, in a major setback for EU antitrust regulators.
The Luxembourg-based General Court, Europe's second-highest, criticised the EU competition enforcer's analysis and annulled the fine. The court annulled in its entirety the article of the contested decision which imposed on Intel a fine of 1.06 billion euros in respect of the infringement found.
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