Intel Could Face New Antitrust Charges
Written by IT News on 12:04 AM
Even if Intel Q2 revenues were significantly initial expectations, this does not necessarily mean that Santa Clara County, California-based manufacturer chips is that all good. Or, there is the possibility that maybe all is well with us, and that it simply is not actually the number of antitrust charges that were rolled into it. On that note, it appears as a leading manufacturer of microprocessors is, but still on track again facing new charges by European antitrust regulators.
The news comes just after Intel has gone public with its impressive revenue Q2, which showed 22% growth compared with same period last year for the company. Tuesday night, a report on the Wall Street Journal Web site indicated that Intel is once again facing antitrust allegations from regulators in the United States and abroad. The report cited people familiar with the matter, although currently no official charges were brought against Intel.
The same source indicated that these charges will be formulated and made public as early Thursday, and that they will derive from the assertion that Intel have offered proposals to European retailers, in exchange for the processors do not buy from competing Advanced Micro Devices.
This is a little like dejavu-for Santa Clara-based chip manufacturer, already fined with 26 million U.S. dollars by the Commission for fair trade of the Republic of Korea in violation of antitrust rules. Only one months ago, as Intel is to be charged with the same practices by Korean regulators, it is that reports from the U.S. Federal Trade Commission was also officially launched an investigation into chipmaker business operations.
"We continue to cooperate and really do not know what the Commission will," Intel spokesman Chuck Mulloy said on paper when asked about the possibility of new charges are brought. "We believe that will operate within the law."
These latest accusations are not the first Intel has prompted the European Union. Back in 2007, the company was accused of overfishing its dominant position in the European market to gain sales of AMD disadvantaged.
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