OMEN
12-16-2009, 06:22 PM
Intel waged 'systematic campaign' to cut off rivals' access to marketplace, agency says
IDG News Service - The U.S. Federal Trade Commission (FTC) has filed an antitrust lawsuit against Intel, charging the world's largest computer chip maker with illegally using its dominant market position to stifle competition and strengthen its monopoly for a decade.
The FTC alleged that Intel has waged a "systematic campaign" to cut off rivals' access to the marketplace. Intel deprived consumers of choice and innovation in the microchip industry, the FTC alleged.
The FTC's decision to move forward with a case against Intel comes just a month after Intel settled antitrust and patent disputes with rival Advanced Micro Devices. Intel agreed to pay AMD $1.25 billion in the settlement.
Developing story. More to come.
IDG News Service - The U.S. Federal Trade Commission (FTC) has filed an antitrust lawsuit against Intel, charging the world's largest computer chip maker with illegally using its dominant market position to stifle competition and strengthen its monopoly for a decade.
The FTC alleged that Intel has waged a "systematic campaign" to cut off rivals' access to the marketplace. Intel deprived consumers of choice and innovation in the microchip industry, the FTC alleged.
The FTC's decision to move forward with a case against Intel comes just a month after Intel settled antitrust and patent disputes with rival Advanced Micro Devices. Intel agreed to pay AMD $1.25 billion in the settlement.
Developing story. More to come.