Europe's top court rules for Intel in long-running antitrust case

Reuters10-24
Europe's top court rules for Intel in long-running antitrust case

BRUSSELS, Oct 23 (Reuters) - EU Court of Justice, Europe's top court, ruled in favour of IntelINTC.O, ending a nearly two decade-long fight between the U.S. chipmaker and EU regulators who had said it had tried to thwart a rival.

The European Commission had fined Intel for giving rebates to computer makers DellDELL.N, Hewlett-Packard Co, NEC6701.T and Lenovo0992.HK, for buying most of their chips from Intel, which regulators said was an attempt to block Advanced Micro Devices.

Regulators generally oppose rebates offered by dominant companies because they fear they may be anticompetitive, while companies say enforcers must prove discounts have anticompetitive effects before companies are sanctioned.

($1 = 0.9285 euros)

(Reporting by Makini Brice, Editing by Charlotte Van Campenhout)

((M.Brice@thomsonreuters.com;))

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