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Intel Wins EU Court Battle Over Billion-Euro Antitrust Penalty

The logo of semiconductor chip maker Intel is pictured at the Paris games week in Paris, Nov. 4, 2017. (AP Photo/Christophe Ena, File)

Chipmaker Intel achieved a significant victory on Thursday in its ongoing legal battle with European Union competition regulators. The EU's highest court upheld a previous ruling that overturned a billion-euro antitrust fine imposed on Intel more than a decade ago. The European Commission's appeal against the decision was dismissed by the Court of Justice, the top antitrust authority in the 27-nation bloc.

The Court of Justice stated that it rejected all grounds of appeal put forth by the Commission, as outlined in a press release summarizing the judgment. In response to the ruling, Intel expressed satisfaction, stating that it is pleased to finally conclude this chapter of the case.

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