For once some good news for beleaguered chip giant, Intel. The against a very old antitrust case dating back to the early 2000s. So now Intel only owes the EU about $350 million, instead of over $1 billion. Huzzah!
In 2022, and in response to an appeal by Intel, the EU General Court ruled that part of an earlier 2009 decision against Intel should be overturned. The European Commission then appealed that, er, partially successful appeal by Intel against the 2009 decision. And now the highest court in the EU has upheld the 2022 decision.
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: Get into the game ahead of the rest.
For now, it's not clear if Intel will appeal the remaining circa $350 million and the accusations that go along with it. A statement from the EU seems to imply that it at least thinks the remaining fine will stick.
"The Commission appealed the part of the 2022 judgment of the General Court concerning Intel's conditional rebates. Therefore, today's judgment concerns only those. On the other hand, given that the part of the 2022 General Court judgment concerning the naked restrictions has not been appealed by Intel, it has become final."
But that Intel is indeed appealing the remaining penalty. Given this case has already been running 15 years and racked up goodness knows how much in lawyers fees, why not let it roll on [[link]] with yet another appeal. Watch this space for more, in other words.