Intel’s Billion-Euro Fight Puts EU’s Winning Streak in Jeopardy
- Long-expected EU top court ruling in Intel set for Sept. 6
- Future course of EU antitrust probes hinges on final judgment
An Intel Corp. Joule 570x developer kit sits at the company's design center in Guadalajara, Mexico, on Thursday, March 9, 2017. Guadalajara's Governor Aristoteles Sandoval has been making his pitch to Silicon Valley, selling what he considers the world's second-best technology nerve center to the likes of Facebook Inc. and Tesla Inc. If you can't import the talent you need, Sandoval has been telling them, there's a way around the problem in Guadalajara.
Photographer: Hector Guerrero/BloombergIntel Corp.’s eight-year clash with the European Union over chip pricing has dragged on so long that the 1.06 billion-euro ($1.26 billion) antitrust fine, a record at the time, now seems like a distant memory.
But Wednesday’s ruling in the case at the EU Court of Justice could be a blast from the past if it ends the European Commission’s decades-long winning streak in cases about monopolies.