Intel chief Paul Otellini said he is confident that themassive fineimposed by the EU on his company for
anti-competitive practices will be overturned.
In May, the EU fined Intel a record €1.06bn for allegedly
offering illegal rebates and using other unfair methods to beat
down rival chip maker AMD.
The EU said Intel had harmed millions of PC buyers, but Otellini
insisted the company did nothing wrong.
"We will appeal the decision out of Brussels, I am comfortable
we will win," he told the
BBC.
According to Otellini, the EU investigation did not look at all
the evidence and did not balance all the facts.
In late July, Intel was given
60 days to appeal, and it has put in place a bank guarantee for
€1bn, holding the money until the judgement on the appeal.
