Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

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

(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.

Intel Corp. President and CEO Paul Otellini testified before an EU anti-trust commission Tuesday, March 11, 2008.
Intel Corp. President and CEO Paul Otellini testified before an EU anti-trust commission Tuesday, March 11, 2008.   (Getty Images (by Event))
Executive Vice President of Intel Pat Gelsinger.
Executive Vice President of Intel Pat Gelsinger.   (Getty Images (by Event) Individuals)
Fair hostess Jasmin present an Intel chip used for the Intel...
Fair hostess Jasmin present an Intel chip used for the Intel...   (Getty Images)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

EU Raids Intel's German Offices

EU Launches Antitrust Probe of Google

FTC Hits Intel With Antitrust Lawsuit

EU Closes Microsoft Antitrust Case

Intel to Pay AMD $1.25B


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne