Brussels charges Intel with market abuse

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Rilla927

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Originally Posted by Financial Times
The European Commission has issued formal charges against Intel (NASDAQ:INTC) , the world's biggest chipmaker, alleging it has abused its dominant market position with respect to its biggest rival, Advanced Micro Devices (NYSE:AMD) .

Antitrust regulators in Brussels have sent Intel a statement of objection outlining the charges, according to a person close to the investigation.

Details have not been revealed but they are expected to include allegations that it undermined competition by offering rebates to PC makers that effectively shut out AMD from the local microprocessor market.

http://us.ft.com/ftgateway/superpage.ft?news_id=fto072620071932236599&page=1
 
captaincranky said:
When was the last time anybody was able to make that stick?
Even if it doesn't stick, AMD finally gets some decent press while Intel gets slammed in the European press. ;)
 
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