Sunday, July 29, 2007

Intel responds to EU charges, deems actions 'beneficial' to consumers

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Shortly after the European Commission issued a Statement of Objections against Intel asseverating that it used unfair and unlawful tactics against AMD, Intel has fired back a statement of its own in response. Put simply, Intel declared that it is "confident that the microprocessor market segment is functioning normally and that Intel's conduct has been lawful, pro-competitive, and beneficial to consumers." Furthermore, the company noted that while it would "certainly have preferred to avoid the cost and inconvenience of establishing that its competitive conduct in Europe has been lawful, the Commission's decision to issue a Statement of Objections means that at last Intel will have the opportunity to hear and respond to the allegations made by our primary competitor." Notably, the chip giant even mentions that the case is actually "based on complaints from a direct competitor rather than customers or consumers," and concludes by suggesting that when "competitors perform and execute, the market rewards them." Settle in folks, this one has just begun.

[Via TheRegister]

 

[via] Engadget

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