AMD Comments on Intel's Answer to AMD'S U.S. Federal District Court Antitrust Complaint.SUNNYVALE, Calif. -- AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. (NYSE NYSE See: New York Stock Exchange :AMD) released the following statement today regarding Intel Corporation's answer to AMD's complaint filed in U.S. federal district court in the district of Delaware on June 27, 2005, which asserts that Intel committed illegal antitrust violations to exclude competition. "Intel's response is not surprising considering what they are trying to hide, but the facts of illegal monopoly abuse are clear and undeniable," said Thomas M. McCoy, AMD executive vice president, legal affairs and chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive . "Intel's anticompetitive an·ti·com·pet·i·tive adj. That discourages competition among businesses: anticompetitive foreign trade restrictions. business practices are under intense scrutiny by governments around the world. The Fair Trade Commission of Japan found Intel guilty of antitrust violations that harmed consumers based on direct evidence, and still Intel refuses to acknowledge wrongdoing wrong·do·er n. One who does wrong, especially morally or ethically. wrong do . Intel's illicit conduct forces customers and consumers to pay artificially higher prices and limits their ability to choose the best products available." On June 27th, AMD filed an antitrust lawsuit against Intel under Section 2 of the Sherman Antitrust Act Sherman Antitrust Act, 1890, first measure passed by the U.S. Congress to prohibit trusts; it was named for Senator John Sherman. Prior to its enactment, various states had passed similar laws, but they were limited to intrastate businesses. , and Sections 4 and 16 of the Clayton Act A federal law enacted in 1914 as an amendment to the Sherman Anti-Trust Act (15 U.S.C.A. § 1 et seq. [1890]), prohibiting undue restriction of trade and commerce by designated methods. The Clayton Act (15 U.S.C.A. § 12 et seq. , as well as the California Business and Professions Code. The complaint addresses how Intel has unlawfully maintained its x86 microprocessor market monopoly by engaging in worldwide coercion of customers to refrain from dealing with AMD. To view the full text of the complaint, visit http://www.amd.com/breakfree. "We look forward to presenting our evidence in front of the entire industry and the entire world. Let's put the truth on the table and let the court decide," McCoy continued. The Japanese Government recognized Intel's competitive harms on March 8, 2005, when its Fair Trade Commission (JFTC JFTC Japan Fair Trade Commission JFTC Jump for the Cause (skydiving, breast cancer) JFTC Joint Forces Training Centre (Poland) ) recommended that Intel be sanctioned for its exclusionary misconduct directed at AMD. Intel chose not to contest the charges. AMD Japan also filed two claims against Intel K.K., its Japanese subsidiary, in the Tokyo High Court Tokyo High Court (東京高等裁判所; Tōkyō Kōtō Saibansho) is a high court in Kasumigaseki, Chiyoda, Tokyo, Japan. See also
Additionally, the European Commission -- in coordination with national competition authorities -- recently raided Intel offices across Europe, as well as a number of other IT firms manufacturing or selling computers, as part of its ongoing investigation into Intel for antitrust violations. South Korean antitrust authorities are also investigating the marketing and rebate practices of Intel. They have conducted preliminary investigations into five South Korean PC makers supplied by Intel for the case and asked Intel to provide related documents by the end of August. AMD's Position on Fair and Open Competition AMD stands for fair and open competition and the value and variety competition delivers to the marketplace. Innovative AMD technology allows users to break free to reach new levels of performance, productivity and creativity. Businesses and consumers should have the freedom to choose from a range of competitive products that come from continuous innovation. When market forces work, consumers have choice and everyone wins. For more information, please visit http://www.amd.com/breakfree. About AMD AMD (NYSE:AMD) designs and produces innovative microprocessors, Flash memory devices and low-power processor solutions for the computer, communications and consumer electronics industries. AMD is dedicated to delivering standards-based, customer-focused solutions for technology users, ranging from enterprises to government agencies and individual consumers. For more information, visit www.amd.com. AMD, the AMD Arrow logo and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners. |
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