Loyalty rebates: The Court of Justice of the European Union annuls the Intel ruling and enshrines the effects approach (Intel)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Loyalty rebates: the Court of Justice annuls the Intel judgment and upholds the effects approach* On 6 September, the Court of Justice handed down one of the most important judgments on competition matters in the last twenty years. Beyond the spectacular annulment of the record conviction against Intel in this case, the Court's ruling invites us to reconsider the treatment of loyalty rebates and, more broadly, the way in which abuses of predatory pricing sanctioned by Article 102 TFEU are dealt with. It should be recalled that the Commission had sanctioned two types of behaviour adopted by Intel with regard to its commercial partners, namely rebates