Intel fights record $1.2 billion antitrust fine at top EU court

Intel Corp. attacked the European Commission for being unfair in a probe that led to a record 1.06 billion-euro ($1.2 billion) fine. The key issue in the investigation was loyalty rebates to lower retail prices, Daniel Beard, a lawyer for Intel, told the European Union’s Court of Justice in Luxembourg on Tuesday.  But the European Commission failed to analyze “all relevant circumstances” to see if...