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Old 02-12-2008, 04:08 PM
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Default EU regulator raids Intel offices

Intel, the world's biggest computer chipmaker, has been raided by European Union competition regulators amid claims it abused its market position.
Chuck Mulloy, a spokesman for Intel, said the regulators raided the company's office in Munich, Germany.

Mr Mulloy said Intel was co-operating with the investigators.

Intel has been accused of trying to abuse its dominant market position by selling its products below cost price and making cash payments to customers.

"I can confirm that there has been a raid on our offices in Munich," Mr Mulloy said.

"As is our normal practice, we are co-operating with authorities," he added.

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