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Original Source: FD (FAIR DISCLOSURE) WIRE
CORPORATE PARTICIPANTS
. David Kroll, Advanced Micro Devices, Inc., Director, Global Communications
. Hector Ruiz, Advanced Micro Devices, Inc., Chairman of the Board,
President & CEO . Tom McCoy, Advanced Micro Devices, Inc., EVP, Legal Affairs & Chief Administrative Officer . Chuck Diamond, Advanced Micro Devices, Inc., Partner at O'Melveny & Myers and Lead Outside Legal Counsel
OVERVIEW
AMD has filed a 48-page antitrust complaint against Intel in the Federal District Court of Delaware for violations of the Sherman Antitrust Act and the California Unfair Competition Law. Q&A Focus: Intel's monopoly, complaint, and consumer harm.
PRESENTATION SUMMARY
S1. Antitrust Complaint (D.K.) 1. Highlights: 1. On 06/27/2005, AMD filed a 48-page antitrust complaint against Intel Corporation in US Federal District Court in Delaware.
S2. Opening Comments (H.R.) 1. AMD's Position in the Marketplace:
1. Over the past several years, AMD has truly become a leader in
innovation by bringing affordable computing to people around
the world, creating the most powerful computing solutions and
forging the pathway to better, more innovative computing.
2. Through the introduction of 64-bit technology and dual-core
processors to the state-of-the-art 300 millimeter fabrication
plant about to become online, AMD believes that its reputation
as an industry leader is now unquestioned. 3. Chosen for its superior performance, efficiency and price, AMD products are now used by over half of Fortune 100 companies and the world's top entertainers and creative minds. 4. Industry analysts and leading technology and business publications across the globe have recognized and acclaimed AMD's innovation leadership. 5. AMD is a customer-driven Co. 1. The Co. makes products that computer makers need, that
consumers want, and that businesses demand. 2. It is on the foundation of the Co.'s technology leadership that the Co. has set out to remedy the imbalance in the microprocessor sector that has been ignored for far too long. 1. This is why AMD has filed a 48-page antitrust complaint against Intel in the Federal District Court of Delaware for violations of the Sherman Antitrust Act and the
California Unfair Competition Law. 2. Intel's Monopoly: 1. Intel uses its monopoly position to block competition by hurting its own customers and the industry at large. 2. Governments around the world are shining light on Intel's actions and the threats they pose. 1. Just this spring, the Japanese government recommended that Intel be sanctioned for its exclusionary misconduct. 1. Intel did not contest the charges. 2. The European Commission is currently investigating Intel for similar possible antitrust violations.
S3. Litigation Details (T.M.) 1. Antitrust Complaint: 1. AMD has filed a 48-page complaint against Intel for its ongoing illicit and anticompetitive business practices. 1. Using coercion, intimidation, and threats of retaliation, Intel harms its own customers in an effort to crush any competition. 2. Without fair and open competition, customers are forced to cap their purchases from AMD and consumers are forced to pay artificially high monopoly prices.
3. Intel's illegal monopoly is hurting the entire industry.
4. The complaint comprises of 48 pages of detail naming 38 companies, analyzing seven separate forms of illegality spread across three continents, and it all adds up to one massive global antitrust violation.
2. The recent findings by the Japanese Fair Trade Commission only
confirms what the IT industry knows all too well. 1. Intel is using illegal sales tactics and pricing mechanisms to avoid a fair fight that might risk its monopoly margins and these harms are global. 3. 100% exclusive contracts are no coincidence. 1. AMD is an acknowledged technology leader; but Dell in the US and Sony and Toshiba in Japan don't buy one single AMD chip. 4. Intel's exclusive deals with Dell, Sony, and Toshiba bars the Co. from one-third of the world notebook market and half …