14 DAY TRIAL // Last week, the world saw Intel charged by the European Commission with unlawful business practices aimed at eroding the market position of its main competitor, AMD. Even if Intel firmly denied all the charges, it still must face the Commission in an open trial and explain its position. The Advanced Micro Devices company (popularly known as AMD) saluted the Commission's position and said that Intel must pay for the damage it did.
The last press conference hosted by AMD's chief executive officer Hector J. Ruiz and Thomas McCoy, was again centered upon the European Commission's decision to call Intel forward and explain its business practices. According to the news site TheInquirer. "McCoy said that the case in Delaware which is sending everyone into the deepest of snoozes was "bogged down" because of Intel's "epidemic failure" in its ability to produce emails" that have direct relevance to the said case in which AMD followed Intel in court accusing the larger company of monopoly. The AMD CEO refused to talk about his company expenses in the law suit against Intel, but he was cited as having said that he expects them to be "in our lingo, significant". At this point neither AMD nor Intel wish to discuss their legal expensive and according to Thomas McCoy this is simply "not done". He said however that the legal expenditures were significant to that point and because of that there are no behind-the-scenes settlement talks going on.
AMD always said that it lost a lot of money as a direct consequence of Intel's actions but it refuses to give figures, but according to McCoy, they've been "extraordinary" high. The European Commission is talking about "tens of billions" (doesn't matter in what currency, that's a lot of money) that customers paid to Intel for overpriced products, in what the Commission refers to the "monopoly tax".