Friday, July 27, 2007

Intel Accused of Anti-Competitive Action

European Commission regulators accuse Intel of 'market abuse' in EU based on initial findings. Intel has allegedly tried to exclude AMD from the market by offering incentives to drop product with AMD technology, and by selling its products under production costs. Fines of up to 10% of annual turnover are possible in Intel is found guilty.

Interesting to see how this will develop.

Update: Intels response to these clams is that all their practices have been "lawful, pro-competitive, and beneficial to consumers".

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