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Intel Statement On Japan FTC Recommendation

SANTA CLARA, Calif., March 8, 2005 – Intel Corporation today announced that its Japanese subsidiary, Intel K.K., received a Recommendation from the Japan Fair Trade Commission (JFTC) relating to certain business practices. Intel has approximately ten days to respond to the Recommendation. Intel continues to believe its business practices are both fair and lawful. The company is evaluating the assertions and the Recommendation before deciding next steps.

At the same time, Intel has expressed concern that the JFTC’s Recommendation does not appear to take into account antitrust principles commonly accepted worldwide. “One of the core principles of competition policy is the notion that such policies should be based on sound economics,” said Bruce Sewell, vice president and general counsel for Intel. “There is a broad consensus that competition regulators should only intervene where there is evidence of harm to consumers. It is apparent the JFTC’s Recommendation did not sufficiently weigh these important principles.”

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Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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