Custom Search

Federal Trade Comm Confirms Antitrust Inquiry Into Intel

Last Update: 6/6/2008 1:16:16 PM

By Fawn Johnson
Of DOW JONES NEWSWIRES

WASHINGTON (Dow Jones)–The Federal Trade Commission on Friday confirmed that it
is investigating Intel Corp. (INTC) for anti-competitive conduct.

An FTC spokesman would not comment further on the case.

Intel, the world’s largest computer chip maker, is facing accusations that it
engaged in practices that tried to cut its competitor, Advanced Micro Devices
(AMD), out of the marketplace.

“They would create quotas with key retailers, effectively requiring them to stock
overwhelmingly with their chips. They would threaten retaliation against
customers,” said Computer & Communications Industry Association President Edward
Black.

CCIA, which was heavily involved in the antitrust case against Microsoft Corp.
(MSFT), has been encouraging companies in the industry to cooperate with the FTC
investigation.

Intel has confirmed that it received an FTC subpoena Wednesday.

Possibly Related Posts:

• US debt clock runs out of digits —- BBCNews
• US to buy stake in banks; first since Depression
• A Great 2008-2009 Depression
• the fear is still there - doubt it will be gone by monday.
• Quote by Thomas Jefferson “If a Central Bank is ever created in America- Through Inflation and Deflation the “Bankers” will Rob The Americans”

Comments