Intel has emerged victorious in a long-standing battle with the European Union over a €1.06 billion fine imposed back in 2009, as reported by Bloomberg. The EU Court of Justice overturned the original ruling, stating that regulators failed to provide sufficient evidence of Intel’s illegal rebate practices. Despite this win, Intel still faces a €376 million fine from the Commission. The legal saga dates back to 2009 when the EU found Intel guilty of anticompetitive practices and manipulating the marketplace. After years of back-and-forth, the fine was re-examined in 2017, leading to its overturning in 2022 due to incomplete analysis. While the appeal was upheld, Intel faces further challenges as it battles the new fine and struggles in the evolving processor landscape, with decreased market share and reliance on outsourced manufacturing.
