- An adviser to the Court of Justice of the European Union (ECJ) has backed Intel's (NASDAQ:INTC) appeal against a record €1.06B ($1.16B) fine for antitrust violations and believes a lower court should review it.
- "Intel's appeal...for abuse of its dominant position should be upheld," Advocate General Nils Wahl said.
- EU regulators imposed the penalty in 2009 for Intel's attempts to stifle Advanced Micro Devices (NASDAQ:AMD). This included giving rebates to major PC makers for purchasing the bulk of their computer chips from Intel.