Yes and no. AZ will be relieved they don’t have to meet the EU’s vaccine demands and are unlikely to face fines.
However for the bloc it wasn’t about number of dosages. Politico had a good breakdown of the judgement.
‘But this case was never really about the doses. The Commission’s case was about proving AstraZeneca was wrong. Here, the EU succeeded.
"The judgment has recognized that AstraZeneca has breached, perhaps intentionally, at least seriously, the contract," a lawyer representing the Commission said. "Therefore on the principles and the way that the contract must be performed in the future, the judgment is entirely satisfying."
The judge stated ‘It seems [AstraZeneca] freely violated its contractual guarantee," citing a contract provision clearly stating that AstraZeneca didn't have any other competing contracts to block its obligations to the EU.
For AZ - ‘the judge refused the Commission’s request to create a binding delivery schedule for the rest of the 220 million doses, calling it "premature" because it's too soon to say whether the company will fall short on its full schedule of obligations.’
Irrespective of the Courts decision, the fact remains AZ has been sidelined by the bloc and by several European countries with Pfizer winning the contract to provide a further 1.8 billion doses into next year.
AZ’s argument that it made ‘best endeavours’ was struck down which is a major problem for a pharma company wishing to do future business with the bloc.