Intel on Friday published a statement denying rival AMD's claims of anti-competitive behaviour.
The Intel statement, penned by the company's vice-president and general counsel, Bruce Sewell, stated that AMD's allegations were unfounded, as evidenced by the fact the chip market was healthy and competitive. "The evidence that this industry is fiercely competitive and working is compelling," he said.
In what could be seen as a reference to AMD's recent poor financial performance, Sewell went on to state: "When competitors perform and execute, the market rewards them. When they falter and under-perform, the market responds accordingly."
Last week, AMD announced a second-quarter net loss of $600m (£292m) compared with a profit of $88.9m in the same period a year ago. However, revenue was $1.38bn, up 13 percent from $1.22bn a year earlier.
The European Commission has spent years investigating Intel's tactics to determine whether it has acted unfairly to preserve its dominance over AMD, and finally issued formal charges against Intel on Thursday for allegedly using illegal tactics against its rival, according to Reuters reports.
But Intel claims the complaint being heard by the European Commission does not amount to a conviction, or anything like it. "The Commission has an obligation to investigate those complaints," Sewell said. "However, a statement of objections contains only preliminary allegations and does not itself amount to a finding that there has been a violation of European Union law."
For its part, Intel is "confident that the microprocessor market segment is functioning normally and that Intel's conduct has been lawful, pro-competitive, and beneficial to consumers," wrote Sewell.
"While we would certainly have preferred to avoid the cost and inconvenience of establishing that our 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," Sewell said.
In order to post a comment you need to be registered and logged in
Log in or create your ZDNet UK account below
By signing up for this service, you indicate that you agree to our Terms and Conditions and have read and understood our Privacy Policy. Questions about membership? Find the answers in the Membership FAQ
Fedora is the same way as well. The yum update system uses "presto" which shrinks the amount of data needed for download. It's a great system....
11 hours ago by apexwm on Can you believe it - 2765 kB will be freed?
Updated ID cards considered for 2012: [zdnet.co.uk] The government is considering introducing a new generation of ID... http://dlvr.it/KpBZ
11 hours ago on Twitter by cybfor Google, Viacom trade blows in YouTube copyright spat: [zdnet.co.uk] Google and the US media giant Viacom have issued... http://dlvr.it/Knht
13 hours ago on Twitter by cybfor
Be sure to include an audio option - eg. a beep tone - to intensify and reiterate the action. This will greatly benefit some consumers and give...
13 hours ago by CIMITL Data disposal is really important to get right. There are standards set by UK and US federal governments to ensure that data is kept secure. If...
13 hours ago by DataSecurityUK Online Fiber Optic Certification Join a talented group of professionals, who are dedicated to Fiber Optic Networking technology. The online course...
15 hours ago by chaycon1 on BT launches 40Mbps fibre-based broadband Online Fiber Optic Certification Join a talented group of professionals, who are dedicated to Fiber Optic Networking technology. The online course...
15 hours ago by chaycon1 on Google to build gigabit broadband to the home
Hi Dava, I'm glad to hear from you, and glad that you see things from the other side. I think that is the most important point of the whole...
16 hours ago by J.A. Watson on Ubuntu 10.04 (Lucid Lynx) and the Latest Tempest
please please please please please please kill that spam bot.
16 hours ago by dava4444 on ZDNet UK: faster, smarter, still IT all the way it didn't post the link it's 'Ubuntu 10.04 Lucid Lynx Beta-1 First Look' on youtube :) Dava
19 hours ago by dava4444 on Ubuntu 10.04 (Lucid Lynx) and the Latest Tempest Hi James I disagree, Ubuntu needs a GUI update and this one IMO is quite good. your pics show a low res. here's a high res. on YouTube* The...
19 hours ago by dava4444 on Ubuntu 10.04 (Lucid Lynx) and the Latest Tempest Hi any news on the comment bot? knocking me back from my own blog is a bit cheeky lol *Mulder to Scully* "I think it has an agenda.." I know, I...
20 hours ago by dava4444 on ZDNet UK: faster, smarter, still IT all the way if you look at the Brentwood exchange on samknows it servers 21,000 residential propertiesm, Lowestoft serves 31,000! Come on BT sort yourselves...
20 hours ago by benny boy on BT fibre broadband coming to 69 more towns
[programming] H.264 - a sting in the tail http://reddit.com/bfu4q [zdnet.co.uk]
22 hours ago on Twitter by pbreddit
H.264 - a sting in the tail [programming] 13 points, submitted by zigzag [zdnet.co.uk] http://reddit.com/bfu4q
23 hours ago on Twitter by reddit Malware infects second Vodafone HTC phone: [zdnet.co.uk] A second Android-based HTC Magic from Vodafone has been... http://dlvr.it/KhKx
1 day ago on Twitter by cybfor
Chatter preview http://www.zdnet.co.uk/news/application-development/2010/03/17/salesforce-opens-up-chatter-developer-preview-40088348/
1 day ago on Twitter by miyabi81 US gov t considers undercover social networking: [zdnet.co.uk] The Obama administration has considered sending... http://dlvr.it/Kh3L
1 day ago on Twitter by cybforFor multi-store outlets, including retail, banking, grocery, gas, hospitality, convenience stores and others, reducing (or avoiding) the cost of in-store system support and maintenance while maintaining compliance with PCI and other requirements has become a strategic challenge.
Speaker: Dr. Chenxi Wang, Principal Analyst, Security and Risk Management, Forrester Research, Inc. As Enterprises are increasingly connected to the Internet and as hard organizational boundaries are fast disappearing, security professionals are facing fresh challenges in Enterprise computing.
This tutorial is for new MindManager users and teaches you how to get started, by creating maps, reading maps and organizing your information.
