Anti-Trust Investigation-European Union Raids Intel Offices
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.
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