AMD lawyer sees `retreat’ in antitrust enforcement
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An attorney for Advanced Micro Devices, longtime foe of chip giant Intel, said Tuesday that regulators are less aggressive in going after monopolistic practices in the United States in recent years.
“Right now from a business perspective, it appears, frankly, that there has been a retreat from Section 2 enforcement,” said Tom McCoy, executive vice president of legal affairs at AMD of Sunnyvale, referring to the part of the Sherman Act that prohibits monopolization. McCoy made his comments during a day of informational hearings held by U.S. regulators on monopolistic behavior.
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