EU raids Intel offices and others

Posted on Tuesday, July 12 2005 @ 21:32 CEST by Thomas De Maesschalck
EU antitrust officials today raid offices from Intel in Swindon, England and Munich, Germany along with offices from some computer manufacturers and distributors like Dell. These inspections were caried out within the framework of the EU's antitrust case against Intel.

Intel told the press it is cooperating fully with the investigators and that they firmly believe that their business practices are fair and lawful.

"Our normal business practice is to cooperate, and we are doing (that) so far in this case," Intel representative Chuck Mulloy told CNET "We firmly believe that our business practices are fair and lawful."

"It is really a European Commission matter," said an OFT spokeswoman. She said the inspection was likely to have been carried out under article 81 of the EU Treaty, which prohibits price fixing and other distortions of competition within the EU. The spokeswoman could not confirm whether anything was removed from Intel's offices.

Besides the EU, AMD also sued Intel on June 28. More details at CNET

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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