Intel Testifies in EU Antitrust Hearings

CEO jets in to defend practices in Brussells
By Lucas Laursen,  Newser Staff
Posted Mar 12, 2008 12:25 PM CDT
Intel Corp. President and CEO Paul Otellini testified before an EU anti-trust commission Tuesday, March 11, 2008.   (Getty Images (by Event))
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(Newser) – Intel officials testified before an EU antitrust commission yesterday in Brussels; the chipmaker is suspected of unfairly dominating the European market. Competitor Advanced Micro Devices (AMD) and consumer groups are testifying today, reports the Wall Street Journal. The commission will consider whether rebates Intel offered to retailers that didn’t stock AMD products hurt consumers.

"We're trying to convince the commission that this is a competitive market” that favors consumers, said an Intel rep. "There is already now a limitation to consumer choice," countered a consumer advocate, saying that AMD has been left out of some high-end computer markets. Intel faces a similar lawsuit in the US.