Intel likely to face EC charges
The European Competition Commission is likely to press formal charges against chip giant Intel.
Intel is accused of abusing its dominant position and offering rebates which effectively kept rival AMD out of certain markets. Intel is further accused of predatory pricing.
The commission has been looking at Intel for six years, since an AMD complaint, and a draft statement of objections has been circulated but not yet given the go-ahead by competition commissioner Neelie Kroes, according to the FT.
According to the New York Times, the case was presented to a panel for approval earlier this week. The panel was introduced as a final check on cases before they get approval to continue.