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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Pareti who wrote (131768)	4/6/2001 6:26:58 AM
From: puborectalis	Respond to of 186894

Intel probed in Europe Chip maker says cooperating with ongoing European investigation April 6, 2001: 6:05 a.m. ET BRUSSELS (Reuters) - Intel Corp. said Friday that it has been under investigation by the European Union for months and is cooperating by providing information on its business practices. "We have been notified and have a request for information by the director general for competition and as is our normal policy we are cooperating," said Chuck Mulloy, a spokesman for Intel in Santa Clara, Calif. Mulloy said that the inquiry has been going on for "a number of months." A spokeswoman for the European Commission had no immediate comment. The company settled charges with the U.S. Federal Trade Commission in 1999 and the FTC dropped an additional investigation about the firm's marketing practices. Intel has also faced -- and won -- private suits by rivals challenging its business practices.