Thursday, June 30, 2005
Advanced Micro Devices Japan have file two more claims against Intel K.K. in the Tokyo High Court and the Tokyo District Court for alleged damages arising from violations of Japan’s Antimonopoly Act..
The suit filed today in the Tokyo High Court seeks $50 million in alleged damages for AMD Japan, following on the Japan Fair Trade Commission’s (JFTC) findings in its March 8, recommendation that Intel K.K. committed violations of the Antimonopoly Act. The JFTC recommendation concluded that Intel K.K. interfered with AMD Japan’s business activities by providing exorbitant funds to five Japanese PC manufacturers (NEC, Fujitsu, Toshiba, Sony and Hitachi) on the condition that they boycott AMD processors. As a result, AMD Japan alleges it lost all of its sales to Toshiba, Sony and Hitachi, while sales to NEC and Fujitsu also fell precipitously.
Today’s second suit seeks to recover millions of dollars in damages for various alleged anticompetitive acts that exceed the scope of the JFTC recommendation.
By: DocMemory
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