05.133.2009 - AMD Comments on European Commission Ruling that Intel Violated EU Law and Harmed Consumers

The European Commission today found Intel guilty of abusing its dominant position in the global x86 microprocessor market, saying that ?Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years. Such a serious and sustained violation of the EU?s antitrust rules cannot be tolerated.? The Commission also stated that ?there is evidence that Intel had sought to conceal the conditions associated with its payments.? The EC decision requires Intel to change its business practices immediately and fines Intel a record EUR 1.06 billion (US $1.45 billion). - View Press Release - Visit AMD (Advanced Micro Devices, Inc.)