Intel Wins Historic Court Fight Over EU Antitrust Fine (bloomberg.com)
- Reference: 0158053615
- News link: https://yro.slashdot.org/story/22/01/26/1457207/intel-wins-historic-court-fight-over-eu-antitrust-fine
- Source link: https://www.bloomberg.com/news/articles/2022-01-26/intel-wins-eu-court-bid-to-annul-1-2-billion-antitrust-fine
> The EU General Court ruled on Wednesday that regulators made key errors in a landmark 2009 decision over allegedly illegal rebates that the U.S. chip giant gave to PC makers to squeeze out rival Advanced Micro Devices (AMD). While the surprise ruling can be appealed one more time, it's a stinging defeat for the European Commission, which hasn't lost a big antitrust case in court for more than 20 years. The Luxembourg-based EU court said the commission provided an "incomplete" analysis when it fined Intel, criticizing it for failing to provide sufficient evidence to back up its findings of anti-competitive risks.
[1] https://www.bloomberg.com/news/articles/2022-01-26/intel-wins-eu-court-bid-to-annul-1-2-billion-antitrust-fine
Vestager is not doing well at all (Score:2)
Her expansive view of her authority under EU regulations is not holding up under judicial review. She lost big in the Apple tax case, too: [1]https://www.politico.com/news/... [politico.com]
[1] https://www.politico.com/news/2020/07/15/margrethe-vestager-apple-tax-europe-363696
Re: (Score:2)
That doesn't mean she was wrong, just that Apple had more expensive lawyers.
Re: Vestager is not doing well at all (Score:2)
Effective. Expensive does not necessarily mean more effective in terms of getting the desired outcome. The unfortunate truth is that there are some lawyers who optimize to maximize the billable hours or their rate vice their client's success.
Same story, no paywall (Score:4, Informative)
[1]https://www.bloombergquint.com... [bloombergquint.com]
yawn
[1] https://www.bloombergquint.com/onweb/intel-wins-eu-court-bid-to-annul-1-2-billion-antitrust-fine
Not sure about Europe (Score:2)
But in America the courts have been getting packed with pro corporate judges for 40+ years. They're going to be consequences. Expect prices to go up and inflation to get worse. Competition is just going to be a thing of the past and we're gradually going to become a kind of guild system. Assuming we don't change course. There's still time to do that.
Re: (Score:2)
Given that judges are human and don't usually start working right after college, it seems like 40+ years of "getting packed" should have been long enough to show effects. Instead, prices and inflation and competition correlate with other factors like helicopter drops of money.
Re: Not sure about Europe (Score:2)
Show me an example of the Courts getting Packed. Or did you mean filled. Packing is a very specific term, where new positions are added so that balance can be upset, and only applies to Appointed positions.