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