AMD Comments On Intel’s Answer To AMD’s U.S. Federal District Court Antitrust Complaint

AMD Comments On Intel’s Answer To AMD’s U.S. Federal District Court Antitrust Complaint

AMD (NYSE: AMD) released the following statement today regarding Intel Corporation’s answer to AMD’s complaint filed in U.S. federal district court in the district of Delaware on June 27, 2005, which asserts that Intel committed illegal antitrust violations to exclude competition.

“Intel’s response is not surprising considering what they are trying to hide, but the facts of illegal monopoly abuse are clear and undeniable,” said Thomas M. McCoy, AMD executive vice president, legal affairs and chief administrative officer. “Intel’s anticompetitive business practices are under intense scrutiny by governments around the world. The Fair Trade Commission of Japan found Intel guilty of antitrust violations that harmed consumers based on direct evidence, and still Intel refuses to acknowledge wrongdoing. Intel’s illicit conduct forces customers and consumers to pay artificially higher prices and limits their ability to choose the best products available.”

On June 27th, AMD filed an antitrust lawsuit against Intel under Section 2 of the Sherman Antitrust Act, and Sections 4 and 16 of the Clayton Act, as well as the California Business and Professions Code. The complaint addresses how Intel has unlawfully maintained its x86 microprocessor market monopoly by engaging in worldwide coercion of customers to refrain from dealing with AMD. To view the full text of the complaint, visit http://www.amd.com/breakfree.

Read the complete Press Release