Intel Triumphs Over EU Regulators In Two-Decades-Long Antitrust Dispute
Portfolio Pulse from Benzinga Neuro
Intel (NASDAQ:INTC) has won a significant legal victory against the European Commission in a nearly two-decade-long antitrust case. The EU Court of Justice ruled in favor of Intel, dismissing the European Commission's appeal regarding Intel's rebate practices with computer manufacturers.
October 24, 2024 | 2:02 pm
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Intel has won a major legal battle against the European Commission, with the EU Court of Justice ruling in its favor in a long-standing antitrust case. This victory could positively impact Intel's stock in the short term.
The EU Court of Justice ruling in favor of Intel ends a long-standing legal battle, removing a significant overhang on the stock. This positive legal outcome is likely to boost investor confidence and could lead to a short-term increase in Intel's stock price.
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