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Intel chief fights EU antitrust charges
0 Comments | AFP, March, 2008
BRUSSELS (AFP) — Intel brought out the big guns Tuesday to defend the world's largest microchip maker against EU antitrust charges, with chief executive Paul Otellini in Brussels for a hearing with European regulators.
Intel has two days, at a closed-door hearing starting Tuesday, to fight charges from the European Commission that the Santa Clara, California-based company abused its dominating grip on the microchip market.
If Intel is unable to convince regulators of its innocence, Europe's top competition watchdog can order the company to change its business strategy and slap huge fines on it.
After a six-year investigation, the commission accused Intel in July of offering "substantial" rebates to computer makers that mostly used its chips.
Europe's...
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