Saturday, December 19, 2009

Federal Trade Commission Sues Intel for Anticompetitive Tactics


The Federal Trade Commission announced Wednesday that it is suing Intel, claiming that the chip giant has illegally used its dominance to stymie competition and to strengthen its own monopoly. FTC says, the company has robbed consumers of both choice and innovation in microprocessors, including those that outshone Intel's own: "Intel's anticompetitive tactics were designed to put the brakes on superior competitive products that threatened its monopoly in the CPU microchip market."

However, the chipmaker says that case should have been settled, not sent into litigation.

In November, Intel settled its antitrust dispute with AMD, in a deal that includes a $1.25 billion payment to AMD.

No comments:

Post a Comment

More Like This

Related Posts with Thumbnails