The EU Court of Justice (ECJ), Europe’s highest court, is expected to deliver verdict on the Intel antitrust fine imposed eight years ago on Wednesday, September 6.
The ruling will greatly impact how US companies reacted to EU legal penalties.
In 2009, Intel was hit with a US$1.26 billion fine for abusing its dominant market position by using various marketing stratagems and has been fighting the case since then.
According to commentators, if the ruling were to go in favour of Intel, then US companies like Microsoft, Apple and Google, that had tended to accept EU antitrust penalties, may consider fighting the EU in court as a viable option.
Intel was slapped with the biggest ever antitrust penalty when the EC ruled that Intel blocked rival Advanced Micro Systems (AMD) from the computer chip market, abusing its dominant market position.
After general court judges dismissed Intel’s claim in 2014, the firm turned to the ECJ, its last option to fight against the fine.
Full Content: Financial Times
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
CMA Launches Phase 2 Probe into AlphaTheta’s Acquisition of Serato
May 16, 2024 by
CPI
NFL Executive Escapes Testifying in High-Stakes Trial Over Televised Games
May 16, 2024 by
CPI
EU Consumers Lodge Complaint Against Chinese Retailer Temu Over Content Rules Breach
May 16, 2024 by
CPI
EU Regulators Assessing Car Repair Market Amid Calls for Increased Competition
May 16, 2024 by
CPI
Turkish Competition Authority Imposes Fine on Google for Local Search Services
May 16, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI