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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Petz who wrote (247985)	2/19/2008 8:47:26 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 275872

>> you've made the claim that the EU has been investigating Intel for 7 years and come up dry, but DRBES posted this historical summary of antitrust actions against Intel -- >> According to it, absolutely nothing happened in Europe until this entry -- --------- The account that DRBES referenced is not complete. There has been an EC investigation since 2001. I think the main reason the investigation picked up in Germany in '07 is that it finally dawned on the German gov that their several billion subsidy of AMD is going down the drain. They are trying to save it. Or it least look like they are. A-la what's his name in NY. Two references are posted below. There are a thousand others that come up in a search. Relevant text in bold. ----- theregister.co.uk After years of investigation, the European Commission has issued formal charges against Intel today, for alleged anti-competitive business practices against rival AMD. "I can confirm the statement of objections has been sent," EC spokesman Ton Van Lierop told Reuters. The EU has been sniffing around Intel's business practices in Europe for six years, but the investigation got a second wind in 2005 when AMD formally accused its arch-rival of using illegal tactics to dominate the PC and server markets. ---------- edn.com EC hits Intel with antitrust charges By Colleen Taylor, Contributing Editor -- Electronic News, 7/27/2007 Bringing a six-year-long investigation to a dramatic ending, the European Commission (EC) today confirmed that it has charged Sunnyvale, Calif.-based chipmaker Intel Corp. with violating European Union (EU) competition laws by allegedly abusing its dominant position in the global microprocessor market. In a statement released today, the EC said that Intel has infringed EU rules and aimed to exclude its main rival, Advanced Micro Devices Inc. (AMD), from the x86 computer processing units (CPU) market. The EC has sent a statement of objections (SO) to Intel; the SO is a formal step in EC antitrust investigations in which the EC informs the parties concerned in writing of the objections raised against them. The EC said that its SO is based on evidence collected in a thorough, multi-year investigation of Intel's business practices first launched in 2001. The commission based its case on evidence seized from Intel offices and collected from PC manufacturers across Europe.