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Sep 20, 2017
4:38:19pm
cheezedawg All-American
The EU Court of Justice ruled in favor of Intel in their appeal of the antitrust
fine ($1.3B) that the EU levied back in 2009. This news is a few weeks old, but its a big development in the appeal and has implications on that huge $2.5B fine that the EU levied against Google a few years ago.

http://www.eetimes.com/document.asp?doc_id=1332251

Basically, the EU originally found that the discounts that Intel had offered were presumptively illegal and therefore had harmed EU customers without any need to prove that. The EU General Court affirmed that in 2014. Now the higher EU Court of Justice has reversed that and ruled that the lower EU courts erred when they just assumed that Intel's discounts had harmed the competitiveness of the market, mostly because they didn't take into account the efficiency of the competition. Intel argued that the discounts were legal because their pricing was still above cost, even if that meant that less efficient competitors couldn't match that. The court agreed.

So Intel might get their billion dollars back (it goes back to the lower court now to decide that), which would mean that Google has a good shot at getting their money back too.
This message has been modified
Originally posted on Sep 20, 2017 at 4:38:19pm
Message modified by cheezedawg on Sep 20, 2017 at 4:44:40pm
cheezedawg
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