News
 

Bookmark and Share

(2) 

Intel Corp. was rather quick to respond to allegations of European Commission, which accused the world’s largest maker of x86 central processing units (CPUs) of illegal business practices which ultimate goal was to exclude Advanced Micro Devices from the market of x86 chips. The company said that all allegations were unfounded and that the market was still highly competitive.

“We’re naturally disappointed the Commission has decided to issue a new statement of objections (SO). The issuance of a second SO suggests that the Commission supports AMD’s position that Intel should be prevented from competing fairly and offering price discounts which have resulted in lower prices for consumers,” a statement by Intel reads.

The European Commission said in its supplementary statement of objections (SSO) that Intel provided discounts or rebates to companies who sold its products almost exclusively or delayed/cancelled AMD-based computers. In addition, the EC accused Intel of selling its chips below average price in order not to let its Sunnyvale, California-based rival to win certain strategic contracts.

“We will evaluate this newest SO and respond fully, but it’s clear that the allegations stem from the same set of complaints that our competitor, AMD, has been making to regulators and courts around the world for more than 10 years,” the statement of Intel continues.

According to EC, business practices of the world’s most influential developer of microprocessors have led to virtual monopolization of the EU CPU market by Intel. But Intel strongly disagrees and claims that the market of microprocessors is functioning without issues.

“We are confident that the worldwide microprocessor market is functioning normally and is highly competitive in Europe and elsewhere. Intel’s conduct has always been lawful, pro-competitive and beneficial to consumers,” Intel said.

Intel claims that constant increase of CPU performance and decreasing prices show more than anything else that the market is healthy enough.

“As evidence of the existence of a highly competitive and innovative microprocessor market, consumers have benefited from prices that have gone down significantly, output has increased many times over, and the performance of products, including ours, has improved exponentially,” Intel stated.

Discussion

Comments currently: 2
Discussion started: 07/18/08 04:45:21 PM
Latest comment: 07/23/08 06:44:17 AM

Add your Comment




Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month