EU court seen ruling on Intel antitrust case next year: judge | Reuters
Europe’s top court is likely to rule on Intel’s (INTC.O) appeal against a record 1.06 billion euro ($1.19 billion) EU antitrust fine next year, an EU judge said on Monday, a case that may affect companies such as Google (GOOGL.O) and Qualcomm (QCOM.O) in the EU’s crosshairs.The European Commission hit Intel with the record penalty seven years ago, accusing it of trying to stifle rival Advanced Micro Devices (AMD.O) by giving rebates to PC makers Dell [DI.UL], Hewlett-Packard Co (HPE.N), NEC (6701.T) and Lenovo (0992.HK) for buying most of their computer chips from Intel.The U.S. chipmaker subsequently challenged the decision at the Luxembourg-based General Court, Europe’s second highest.Judges rejected its arguments in 2014, saying the Commission had not acted too harshly in handing down the sanction amounting to 4.15 percent of Intel’s 2008 turnover against a possible maximum of 10 percent. The company then appealed to the Court of Justice of the European Union (ECJ).
Källa: EU court seen ruling on Intel antitrust case next year: judge | Reuters
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