February 13, 2008
EU raids Intel’s German office
European regulators raided the German office of Intel Corp. as part of antitrust investigation into possible anticompetitive practices, according to a report in Silicon Valley / San Jose Business Journal. Santa Clara-based Intel said the EU raided its offices in Munich, and said it is cooperating with the investigation. The Wall Street Journal reported that German conglomerate Metro AG confirmed that the EU also raided its computer sales businesses Media Markt and Saturn Holding GmbH. In July, the EU charged Intel with conducting illegal competition against rival Sunnyvale-based Advanced Micro Devices Inc. by offering computer hardware manufacturers rebates, discounts and cash. The Journal said AMD has a separate case against Media Markt that accuses the retailer of only selling Intel-based PCs. Intel is due to appear in Brussels for a hearing on the issue in March, and the company also faces a similar probe in New York by the State Attorney General’s office.
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