Intel on Wednesday won its fight against a 1.06-billion-euro ($1.2 billion) EU antitrust fine that the U.S. chipmaker was handed 12 years ago for stifling a rival, in a major setback for EU antitrust regulators.
The judgment by Europe’s second-top court in support of Intel’s arguments is likely to cheer Alphabet unit Google in its fight against hefty EU antitrust fines and Apple, Amazon, and Facebook, which are in the EU antitrust enforcer’s crosshairs.
