Europe's Top Court Rules For Intel To End Long-Running Antitrust Case (reuters.com)
(Thursday October 24, 2024 @11:30PM (BeauHD)
from the case-closed dept.)
- Reference: 0175319217
- News link: https://yro.slashdot.org/story/24/10/24/2113245/europes-top-court-rules-for-intel-to-end-long-running-antitrust-case
- Source link: https://www.reuters.com/technology/europes-top-court-rules-intel-long-running-antitrust-case-2024-10-24/
The EU Court of Justice [1]ruled in favor of Intel , dismissing the European Commission's appeal and ending a [2]nearly two-decade-long case over allegations that Intel's rebates to computer makers were anticompetitive. Reuters reports:
> The European Commission had fined Intel for giving rebates to computer makers Dell, Hewlett-Packard and Lenovo for buying most of their chips from Intel, which regulators said was an attempt to block Advanced Micro Devices. Regulators generally oppose rebates offered by dominant companies because they fear they may be anticompetitive, while companies say enforcers must prove discounts have anticompetitive effects before companies are sanctioned.
>
> EU regulators had initially fined Intel 1.06 billion euros ($1.14 billion) but a lower tribunal scrapped that. Intel's case was boosted earlier this year when an adviser to the court said regulators had not properly performed an economic analysis.
[1] https://www.reuters.com/technology/europes-top-court-rules-intel-long-running-antitrust-case-2024-10-24/
[2] https://yro.slashdot.org/story/09/05/10/2357257/sources-say-eu-will-find-intel-anti-competitive
> The European Commission had fined Intel for giving rebates to computer makers Dell, Hewlett-Packard and Lenovo for buying most of their chips from Intel, which regulators said was an attempt to block Advanced Micro Devices. Regulators generally oppose rebates offered by dominant companies because they fear they may be anticompetitive, while companies say enforcers must prove discounts have anticompetitive effects before companies are sanctioned.
>
> EU regulators had initially fined Intel 1.06 billion euros ($1.14 billion) but a lower tribunal scrapped that. Intel's case was boosted earlier this year when an adviser to the court said regulators had not properly performed an economic analysis.
[1] https://www.reuters.com/technology/europes-top-court-rules-intel-long-running-antitrust-case-2024-10-24/
[2] https://yro.slashdot.org/story/09/05/10/2357257/sources-say-eu-will-find-intel-anti-competitive
\o/ (Score:1)
by easyTree ( 1042254 )
[1]The Price is Right! [youtube.com]
[1] https://www.youtube.com/watch?v=13tnjh3dZw4
Probably they looked at the past decade (Score:3)
And they came to the conclusion that no one working for Intel was actually smart enough to come up with a functional anticompetitive strategy.
Ah, a good old Trump defense (Score:2)
Ah, a good old Trump defense: "Nobody in Trump's admin was smart enough to collude"
Re: (Score:2)
More likely they looked at the present and decided Intel was struggling enough already.