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Technology Stocks : Intel Corporation (INTC)
INTC 37.32+1.8%Dec 30 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (183455)2/9/2006 12:30:19 PM
From: matt dillabough  Read Replies (2) of 186894
 
AMD Advanced Micro issues press release in support of Korean Fair Trade Commission raids as part of investigation into possible Intel antitrust violations (41.55 +0.69)

AMD released the following statement today regarding the Korean Fair Trade Commission's dawn raids as part of their investigation into possible violations by Intel Corporation (INTC) of that country's Monopoly Regulation and Fair Trade Act: "The dawn raids in Korea make it abundantly clear that competition authorities worldwide are intensifying their investigative efforts into Intel's anticompetitive business practices because they have good reason to believe evidence of illegal monopoly abuse is there to be found... Similar dawn raids conducted by competition authorities in Japan revealed evidence of illegal business practices that violated that country's Antimonopoly Act... Last year, the European Commission also conducted dawn raids across Europe to gather evidence of Intel monopoly abuse within the European Union
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