Monday, July 04, 2005

AMD sues Intel for monopolistic practices

Press Releases
Marz says' "Not that I doubted this for an instant.."
AMD (NYSE: AMD) announced today that it filed an antitrust complaint against Intel Corporation (“Intel”) yesterday in U.S. federal district court for the district of Delaware under Section 2 of the Sherman Antitrust Act, Sections 4 and 16 of the Clayton Act, and the California Business and Professions Code. The 48-page complaint explains in detail how Intel has unlawfully maintained its monopoly in the x86 microprocessor market by engaging in worldwide coercion of customers from dealing with AMD. It identifies 38 companies that have been victims of coercion by Intel – including large scale computer-makers, small system-builders, wholesale distributors, and retailers, through seven types of illegality across three continents.

Yup, definitely falls under the no shit category. I thought this might happen when the Japanese government ruled against Intel back in March.


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