The bitter dispute between Advanced Micro Devices ('AMD') and chip making heavyweight Intel has stepped up a gear after EU antitrust officials raided Intel's offices in a bid to conclude a case that has now been ongoing for five years. AMD had alleged that Intel offers rebates to personal computer manufacturers with the aim of excluding AMD from the market. The case began in 2000 after AMD lodged a complaint with the Brussels-based Commission. The case was near collapse in 2002, but fresh evidence gathered later led to renewed vigour from the EU regulator. If found guilty, Intel could face a hefty fine. Brussels has the power to impose fines of up to 10% of a company's yearly worldwide turnover, which could mean a penalty running into hundreds of millions of euros.
Chipping Away at Intel's Dominance