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Dirk Meyer weighs in on Intel antitrust fine

by on13 May 2009


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Brave new world


AMD has
released a couple of new comments following the European Commission ruling against Intel, announced earlier today, which requires Intel to pay a record fine of €1.06 billion ($1.45bn).

AMD CEO and president Dirk Meyer says the ruling "is an important step toward establishing a truly competitive market," and says AMD is "looking forward to the move from a world in which Intel ruled, to one which is ruled by customers." 

"After an exhaustive investigation, the EU came to one conclusion - Intel broke the law and consumers were hurt," said Tom McCoy, AMD executive vice president for legal affairs. "With this ruling, the industry will benefit from an end to Intel's monopoly-inflated pricing and European consumers will enjoy greater choice, value and innovation."

The European Commission found Intel guilty of abusing its dominant position in the x86 market, saying "Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years."

Intel was found guilty of similar practices in Korea last year, and in Japan in 2005. In the United States, Intel is under investigation by the FTC and New York Attorney General's office. AMD filed private litigation in the District Court of Delaware, which is scheduled for trial in spring 2010.

Also read:

Intel CEO says EC fine is wrong

AMD comments Intel antitrust fine

Intel slammed with record EU fine
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