Business Books | Robert T. Kiyosaki | Jim Cramer
Microsoft Office Professional 2007 UPGRADE
| Microsoft Windows Vista Business UPGRADE [DVD] | Microsoft Windows Vista Ultimate UPGRADE [DVD]

Thursday, December 28, 2006

Federal Court Orders Intel Corporation and Third Parties To Produce Foreign Discovery in AMD VS. INTEL U.S. Antitrust Suit

AMD (NYSE: AMD) today announced a significant legal victory in its ongoing antitrust suit against Intel Corporation. In an order effective yesterday, the Federal District Court in Delaware overruled Intel’s objections and ordered it to produce documents and other evidence bearing upon Intel’s exclusionary conduct outside of U.S. borders.

AMD believes that the production of this foreign discovery will contain evidence of anticompetitive business practices that show clear violations of not only the Sherman Antitrust Act but also generally accepted anti-monopoly laws worldwide.

"Intel's acquiescence to the Special Master's findings is a big win for AMD,” said Thomas M. McCoy, AMD executive vice president, legal affairs and chief administrative officer. “This case remains firmly focused on the worldwide misbehavior of a global monopolist. This ruling also removes any basis for Intel or its foreign customers to withhold evidence of Intel's exclusion, regardless of where it occurred. We will proceed vigorously to prove that Intel abuses its global monopoly power by limiting or excluding competition, which ultimately hurts consumers worldwide.”

Yesterday’s order resulted from Intel’s decision to accept Special Master Vincent Poppiti’s findings of December 15th, which recommended to presiding Judge Joseph Farnan that "as the undisputed geographic market is global, and approximately 68% of the total worldwide production of computers powered by x86 microprocessors are sold to non-U.S. customers evidence of foreign exclusionary conduct is essential for AMD to demonstrate" that Intel has violated U.S. antitrust laws. Judge Farnan appointed Special Master Poppiti to preside over all discovery disputes in the case.

Special Master Poppiti’s December 15 recommendation that Intel be ordered to produce foreign discovery is available for download at http://www.amd.com/breakfree

AMD’s Position on Fair and Open Competition
AMD stands for fair and open competition and the value and variety competition delivers to the marketplace. Innovative AMD technology allows users to break free to reach new levels of performance, productivity and creativity. Businesses and consumers should have the freedom to choose from a range of competitive products that come from continuous innovation. When market forces work, consumers have choice and everyone wins. For more information, please visit http://www.amd.com/breakfree

No comments: