Intel's €1.06 billion antitrust fine to be revisited in European Union court

Intel's €1.06 billion antitrust fine to be revisited in European Union court

A reversal Wednesday from Europe's highest court upended a $1.2 billion fine against Intel for cornering the market on a certain central processing unit.

"The Court refers the case back to the General Court so that it may examine, in the light of the arguments put forward by Intel, whether the rebates at issue are capable of restricting competition", the court said in a statement.

The European Court of Justice set aside an earlier judgment by a lower court which had dismissed Intel's appeal against the fine.

The European Commission's competition department, at the time headed up by commissioner Neelie Kroes, fined Intel for abusing its dominant position in the x86 microprocessor market between 2002 and 2007. In 2009, evidence showed that the company had offered rebates and incentives to computer makers to favor their products over their rival, Advanced Micro Devices.

European Union wins legal battle on refugee quotas
While Hungary and Slovakia have now failed in their legal challenge to the policy, that doesn't fix the political problem. Under the emergency scheme, 120,000 relocations were due to take place over two years, ending in September 2017.

Historically, European courts have effectively rubber-stamped European Commission antitrust decisions and fines.

"It forces the Commission to be as economic in its approach in other cases as it did in Intel".

In what could be seen as an encouraging sign for the company, the judges said the lower court, known as the General Court, should focus on Intel's arguments that its rebates to customers were not anti-competitive.

Instead, the Intel case is now likely to drag on for many more years and will fail to bring legal clarity to the closely watched case.

Leader Lewis pledges to donate winnings
She had a hole-in-one Wednesday in the pro-am playing alongside Nancy Lopez, the only three-time victor in event history. Taiwan's Candie Kung was tied for eighth on 207 and Hsu Wei-ling was tied for 13th on 208.

The ruling could have implications for Alphabet's (GOOGL) Google and Apple Inc.

"Companies will be more confident when they go to the Commission and more corporations will have the appetite to take the Commission to court on effects-based arguments", he said.

The US tech giant, which has its European manufacturing headquarters in Leixlip, Co Kildare, appealed the fine to the General Court in Luxembourg.

Intel apparently made payments to Media-Saturn on the condition that it sell only computers containing Intel's x86 CPUs.

Latest North Korean missile test continues to strain global relations
So the question is whether North Korea will put some checks on itself as it seeks to expand its weapons tests in the Pacific. Still, it's unclear whether the North will ever act on its threat to fire missiles at the "advanced base of invasion".

That case is separate from the Google Shopping case in which the European Union inflicted a record fine on the Silicon Valley giant for illegally favouring its shopping service in search results.

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