Brussels charges Intel with market abuse

Rilla927 · Aug 4, 2007

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 · Aug 6, 2007

OOOoo....Price Fixing.....!

When was the last time anybody was able to make that stick?

Maikeru · Aug 8, 2007

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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Brussels charges Intel with market abuse

Rilla927 Newcomer, in training

captaincranky TechSpot Addict

Maikeru Newcomer, in training