News
Intel To Submit Evidence in AMD Suit
Chip-maker Intel Corp. said it would not object to a court order to produce
documents related to its international business practices, as part of an antitrust
case filed by rival Advanced Micro Devices Inc.
AMD said the court order issued Wednesday was a "significant legal victory."
In a letter to Judge Joseph Farnan in the U.S. Federal District Court in Delaware,
Intel said it plans to cooperate with the court order and that it does not plan
to file an objection.
Intel also noted that a court-appointed Special Master explicitly said it was
not making decisions about whether the evidence would be admissible in court.
In September, a federal judge ruled that if AMD wins the antitrust case filed
in the U.S., it cannot receive damages for Intel's alleged monopolistic practices
overseas.
The lawsuit dates to June 2005, when AMD initiated an antitrust case against
Intel, alleging that its business was harmed by Intel's practice of offering
rebates, discounts and other incentives to persuade PC makers to use chips from
Intel instead of AMD. AMD argued that Intel sustains a monopoly that allows
it to charge higher prices.
Intel responded that AMD's problems were rooted in its reputation for being
an unreliable supplier and that it failed to adequately invest in its business.
Shares of AMD fell 14 cents at $20.56 in afternoon trading on the New York
Stock Exchange, while Intel shares were unchanged on the Nasdaq Stock Market.