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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 207.67+2.2%3:59 PM EST
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To: Elmer Phud who wrote (253060)6/8/2008 11:14:36 PM
From: wbmwRead Replies (1) of 275872
 
Re: An appeal would send the matter to South Korea's court system, where the case would start from scratch. "We will get an opportunity in court to call witnesses and present evidence, things that we were not permitted to do at the KFTC" Sewell said.

It says a lot that Intel is fighting this. They could have paid the $25M (which would have amounted to mice nuts for them) and be done with it. Instead, they are eager to fight on principle. Fortunately, it sounds like the Korean courts have a much more level playing field than their trade commission.

Intel may end having to do the same thing with the EU. It could take years, but it seems worth it to have a definitive ruling on the fair usage of rebates, as it could set a very important precedent.
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