US’s Intel corp wins court fight over EU’s historic $1.1 bn penalty

Intel Corp. won the latest round of an epic legal battle with the European Union over a case that led to a once-record antitrust fine of €1.06 billion ($1.1 billion).

The EU’s Court of Justice ruled that regulators failed to prove the US company doled out illegal rebates to PC makers that agreed to buy most of their chips from Intel.

Judges said on Thursday they rejected all the grounds of appeal raised by the European Commission, the EU’s competition watchdog.