Intel has ‘good news’ in EU as 15-year-long ‘fight’ comes to an end

Europe’s top court ruled on Thursday (October 24) in favour of Intel, backing the 2022 lower court ruling that annulled a 1.06-billion-euro ($1.15 billion) antitrust fine on the US chipmaker. The EU Court of Justice rejected the Commission’s appeal, ending a nearly two-decade-long fight between the US chipmaker and EU regulators.
“The Court of Justice dismisses the Commission’s appeal, thereby upholding the judgement of the General Court,” the court said, as per news agency Reuters.