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Report: Intel faces new EU antitrust charges
Issue: July 2008 > Business > Article "Report: Intel faces new EU antitrust charges"

Report: Intel faces new EU antitrust charges (Report: Intel faces new EU antitrust charges)  Report: Intel faces new EU antitrust charges

Business
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Intel is expected to face new antitrust charges from European regulators that focus on the chip giant's marketing and sales practices, according to a report Tuesday night on The Wall Street Journal's Web site, citing unidentified people familiar with matter.

The news charges, which could come as early as Thursday, allege that Intel offered inducements to European retailers in return for not buying processors from rival Advanced Micro Devices, the paper reported.

"We are continuing to cooperate and really don't know what the commission will do," Intel spokesman Chuck Mulloy told the paper when asked about the possibility of new charges. "We believe we operate within the law."

The expected charges are the latest chapter in Intel's antitrust battle with regulators in the U.S. and abroad.

In June, it was reported at Intel's business practices had come under the scrutiny of the U.S. Federal Trade Commission, which had opened a formal antitrust investigation of the chipmaker.

Intel has also been under intense scrutiny in other parts of the world, especially in Europe, South Korea, and Japan, but it has faced little objection to its business practices here at home in recent years, other than a recent investigation launched at the state level by New York Attorney General Andrew Cuomo.
July 16, 2008 Author: Steven Musil


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