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AMD Responds to Intel Fine; Likes it a Lot

By - Source: Tom's Hardware US | B 4 comments

Yesterday Intel was the target if the biggest ever fine handed down by the European Union and AMD couldn’t be happier.

The European Commission yesterday imposed a fine of $1.45 billion on Intel as punishment for what it felt was anticompetitive behavior designed to push rival AMD out of the market. While Intel’s Paul Otellini has said the company will be appealing the fine AMD fully supports the decision, of course, and maintains that Intel’s pricing practices broke the law.

"After an exhaustive investigation, the EU came to one conclusion--Intel broke the law and consumers were hurt," Tom McCoy, AMD's executive vice president for legal affairs, said in a statement. "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."

Intel maintains that it acted well within legal boundaries by offering rebates to manufacturers who agreed to obtain the majority of their processors from Intel as well as paying manufacturers to either delay or cancel the launch of AMD-based products.

This week, speculation has been mounting as to whether or not Intel will face the same level of scrutiny at home following statements from Christine Varney, the DOJ's top antitrust official. In a speech to the Center for American Progress, Varney said the Department of Justice will be "aggressively pursuing cases where monopolists try to use their dominance in the marketplace to stifle competition and harm consumers.”

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  • 0 Hide
    PT88 , 14 May 2009 23:23
    Gonna get smacked in the US as well

    Only gets better!!!!
  • 0 Hide
    erdinger , 14 May 2009 23:26
    .... Intel's name is hurt, and we all hope they wont do such shit again
  • 2 Hide
    PT88 , 14 May 2009 23:30
    Although i have one point about AMD, in the consumer Laptop Market, AMD really need to come up with a mobile processor to try and rival the core 2 duo's, because Turionx2's just dont cut it these days....
  • 0 Hide
    strangestranger , 15 May 2009 00:27
    The thing i love is that intel fans have always used the fact that the U.S has not pursued them as proof of innocence whilst putting their fingers in their ears and saying lalalala over and over when you point out it might have had something to do with the similarly crooked administration, depending on how crooked or not the new one is, intel might be really screwed.