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Intel office raided for anti-trust investigation


Tuesday, July 12, 2005 Intel offices in England, Germany, Spain and Italy have been raided by European Commission and local officials as part of an investigation into possible antitrust violations, the company said. Intel added that it believes its business practices are legal and fair.

As well as the Swindon, Munich, Madrid and Milan offices of Intel Corp. subsidiaries in Europe, chip distributors and computer makers were raided by European Commission and local officials on Tuesday (July 12) as part of an investigation into possible antitrust violations, according to a Reuters report which cited a spokesman for the European Union as its source.

"DG Competition officials, accompanied by officials from national competition authorities are conducting inspections of several premises of Intel Corp. in Europe as well as a number of IT firms manufacturing or selling computers," the report quoted Jonathan Todd, a European Union spokesman, as saying. "The investigations are being carried out within the framework of an ongoing competition case," the report also quoted him saying.

A spokesman for Intel in the U.K. confirmed raids had taken place at Intel offices.

"Intel's normal practice is to attempt to co-operate with regulatory authorities," the spokesman said.

By: DocMemory
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