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Intel wins latest antitrust battle with EU court
Intel just won an epic battle with the European Union over a €1.06 billion ($1.1 billion) fine levied way back in 2009.
In a final decision, the EU Court of Justice overturned the original judgement, ruling that regulators didn't provide sufficient proof that Intel gave illegal rebates to PC makers. The legal process went back and forth for years after that, but in 2017, Europe's highest court ordered the fine to be re-examined as the EU didn't conduct an economic assessment on how Intel's actions impacted rivals. Today, Intel's share is down to 63 percent and the company has struggled in the area of chip production next to rival TSMC, which manufacturers the bulk of AMD and NVIDIA's CPUs, GPUs and AI processors.
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