
Why Recessions Forge Great CEOs Who Think Beyond Cost-Cutting
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
January 27, 2022: -A prominent European Union court has overturned a 1.06 billion euro ($1.2 billion) antitrust fine levied against U.S. chipmaker Intel in 2009.
The fine is handing out by the European Commission, the executive arm of the EU, because Intel had tried to squeeze out its rivals.
The commission had claimed that Intel abused its dominant position on the worldwide market for “x86 2” data center processors between 2002 and 2007 by implementing a strategy intended to exclude competitors from the market.
But the General Court, a constituent court of the Court of Justice of the European Union, rejected the fine Wednesday, saying the commission didn’t do a proper economic analysis of a rebate scheme.
“The (European) Commission’s analysis is incomplete and does not make it possible to establish to the requisite legal standard that the rebates at issue were capable of having, or likely to have anticompetitive effects,” the General Court said in a press release published on its website.
In 2014, the General Court upheld the commission’s 2009 verdict. However, it was subsequently told by the EU Court of Justice, Europe’s highest court, in 2017 to re-examine Intel’s appeal.
An Intel spokesperson told CNBC that the company is currently reviewing the decision. “We will provide more comment when we have completed our initial review,” they said.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
April 23, 2025: The Canadian government has introduced new legislation to regulate the use of artificial intelligence in education and healthcare, focusing on accountability,
April 17, 2025: Prime Minister Justin Trudeau s government is under growing political pressure over its current immigration strategy.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
April 15, 2025: Multiple wildfires burning across northern and central Alberta have triggered large-scale evacuations.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you