Intel pakistan

European UnionIn July 2007, the European Commission formally accused Intel of anti-competitive practices, mostly against its main competitor AMD.[63] The allegations, going back to 2003, include giving preferential prices to computermakers getting most or all chips from Intel, paying computer makers to delay or cancel the launch of products using AMD chips and providing chips at below cost to governments and educational institutions.[64] Intel responded that the allegations were unfounded and instead qualified its market behavior as consumer-friendly.[65] General counsel Bruce Sewell also responded that the Commission had misunderstood some factual assumptions concerning price and manufacturing costs.[66]In February 2008, a spokesman for the company announced that Intel's office in Munich had been raided by European Union competition regulators investigating its business practices. Intel reported that it was cooperating with investigators.[67] If found guilty of stifling competition, Intel could be fined up to 10% of its annual revenue.[65] Rival AMD also subsequently launched a website focusing on these allegations.[68][69] In June 2008 EU has filed new competition charges against Intel