|15-05-2009, 08:40 AM||#1|
Join Date: May 19 2008
[Techpowerup.com] (PR) AMD Comments on EC Ruling that Intel Violated EU Law, Harmed Consumers
The European Commission today found Intel guilty of abusing its dominant position in the global x86 microprocessor market, saying that "Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years. Such a serious and sustained violation of the EU's antitrust rules cannot be tolerated." The Commission also stated that "there is evidence that Intel had sought to conceal the conditions associated with its payments." The EC decision requires Intel to change its business practices immediately and fines Intel a record EUR 1.06 billion (US $1.45 billion).
"Today's ruling is an important step toward establishing a truly competitive market," said Dirk Meyer, AMD president and CEO. "AMD has consistently been a technology innovation leader and we are looking forward to the move from a world in which Intel ruled, to one which is ruled by customers."
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