The analysis noted that consumers would save at least $61 billion over the period, with computer manufacturers projected to save another $20 billion, enabling them to increase their investment in R&D; create improved products and greater product variety; and provide additional innovation benefits to computer buyers around the world.
Dr Williams said, “Intel has extracted $60 billion in monopoly profits over the past decade; over the next decade consumers and computer manufacturers would save over $80 billion from a fully competitive market.”
According to Thomas M. McCoy, executive vice president, legal affairs and chief administrative officer, AMD, “Intel’s monopoly profits of $60 billion directly contradict Intel’s claim that its business practices have resulted in lower prices – in fact this study shows that billions of dollars have moved straight from consumers’ pockets to Intel’s monopoly coffers.”
McCoy continued, “That $80 billion translates into an Intel monopoly tax on every consumer who purchases a computer -- that’s a jaw-dropping figure that helps explain why the European Commission brought antitrust charges against Intel – the real harm that its abuse of monopoly power causes competition and consumers.” |