Intel has achieved a significant legal victory as the European Union's Court of Justice annulled a €1.06 billion ($1.1 billion) fine that was imposed on the company for alleged anticompetitive practices. This ruling marks the end of a 15-year legal battle concerning accusations that Intel used rebates to stifle competition in the market. Despite this victory, Intel's antitrust challenges are expected to continue, indicating that the company may still face scrutiny regarding its market practices.
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The EU's Court of Justice has annulled a $1.1 billion penalty against Intel, related to allegations that the tech giant used rebates to exclude competitors from the market https://t.co/VkcZcwZElP
#Intel wins legal fight over #EU's $1.1B antitrust fine https://t.co/iP1nudavLn