Intel Challenges Record EU Antitrust Fine at Top EU Court

Intel Corp. asked the European Union’s top court to throw out a record 1.06 billion-euro ($1.4 billion) antitrust fine, saying a lower court was wrong to back the decision.

The world’s biggest chipmaker asked the European Court of Justice to overturn a June ruling that entirely rejected Intel’s bid to erase the 2009 penalty for giving rebates to computer makers that favored its chips and shunned the products of its main competitor, Advanced Micro Devices Inc.

Intel’s legal challenge asserts “legal errors” in the judgment, spokesman Chuck Mulloy said in an e-mailed statement. He declined to comment further on the case.

EU antitrust regulators haven’t lost a monopoly abuse case at the Luxembourg-based courts in the last two decades. Microsoft Corp. never asked the top court to review its challenge against an 899 million-euro antitrust fine.

The EU court’s press service said the Intel filing wasn’t yet formally registered.

Intel argued at a court hearing two years ago that EU regulators ignored exonerating evidence to build an “extreme case.” The European Commission was also faulted by the EU’s ombudsman for failing to take notes of the meeting with Dell Inc. That report wasn’t binding on the commission, which disagreed on the need for formal minutes.

Before it's here, it's on the Bloomberg Terminal.