EU Court throws out a 1.2 $ billion Antitrust fine against Intel.

The General Court of EU annulled a much-hyped, $1.2 billion fine of EC against Intel. This was a matter, wherein in 2009, Intel was accused of Abuse of Dominance because of loyalty rebates to PC makers for squeezing out its rival, Advanced Micro Devices Inc (AMD). Commenting on the analysis by the EC, the EU Court observed, “The Commission’s analysis is incomplete and does not make it possible to establish to the requisite legal standard that the rebates at issue were capable of having, or likely to have, anticompetitive effects.”