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Japan Trade Watchdog Raids Intel Offices
Thu Apr 8, 2004 03:40 PM ET
Intel has faced probes by antitrust regulators before over how it uses its dominant market position, but it has not been subjected to the intensity of investigations faced by Microsoft Corp. (MSFT.O: Quote, Profile, Research) , whose operating system software runs on most of the world's PCs.
In the United States, Intel faced a three-year investigation by the Federal Trade Commission that ended in 1993 with no action taken. In 1997, the commission opened up another investigation into Intel's business practices, which led to a settlement in 1999 that limited the company's ability to cut ties with customers that sue it.
In Europe, regulators announced in 2001 that they were investigating Intel's marketing practices in response to AMD complaints that the company had used its market position to reward some customers and punish others to ensure loyalty.
An antitrust case against Microsoft in Europe resulted in a fine of 497 million euros ($601 million) last month. Microsoft has said it will appeal the ruling.
Intel shares fell 37 cents to $27.25 in trading on Nasdaq. AMD (AMD.N: Quote, Profile, Research) shares rose 2 cents to $16.92.
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