The European Commission incorrectly applied the as-efficient competitor test and failed to demonstrate foreclosure effects when it fined Intel €1.06 billion, an advocate general at the European Court of Justice has said.
The new year break may have provided a brief break to take stock of developments, but 2024 looks set to be no less hectic a year for AI than the last twelve months. OpenAI has set up a long-expected shop in Ireland and made a renewed defence of its use of copyrighted materials to the UK House of Lords, while despite a dampened market multi-million dollar funding continues to flow to new......
AI companies expect tougher export controls, higher chip costs, and scrutiny on supply chain relationships in the short term as the US/China trade war and Russian sanctions impact the advanced tech trade globally.
US Congress forces rail unions to accept union agreement to avoid strike, New Zealand strengthens collective bargaining rights, and the UK supports plans to make flexible working the default – plus other key updates.
The European Commission is appealing against the annulment of its landmark €1 billion abuse of dominance fine against Intel over a decade ago, following criticism from the General Court that it failed to prove the chipmaker’s conditional rebates harmed competition.
Recently, the General Court of the European Union (GC) annulled the European Commission's (EC's) €1.06 billion fine against Intel, which had been issued in May 2009 for the company's alleged abuse of its dominant position. The GC called for a rigorous analysis of the impact of rebates and annuls on the EC's Intel decision. The EC must now repay the 2009 fine and the accrued interest. This......
Canada reviews its competition regime to reflect the digital economy, Ireland publishes its competition amendments bill, and the UK CMA fines Meta £1.5 million for merger disclosure failures - plus other key updates