Sunday, April 19, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Moore's Law And The Software Industry
Adobe And Windows Zero-Day Exploits Likely Leveraged by Russians In Highly-Targeted Attack
Samsung Logo Removed From Japanese Smartphones
Google Is Getting Serious With Project Loon
New Technology Can Track Detailed Hand Motion
Office Universal apps Coming Next Month On Windows 10 for Phones
FCC Makes 150 MHz Of Contiguous Spectrum Available To Telecom Companies
Google Extends Chrome Support For Windows XP
Active Discussions
Help make DVDInfoPro better with dvdinfomantis!!!
Question about nero
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
Need serious help!!!!
burning
 Home > News > General Computing > FTC Lau...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, June 09, 2008
FTC Launches Formal Antitrust Probe of Intel


Intel faces a formal investigation by the U.S. Federal Trade Commission after fighting similar antitrust probes in Europe and Asia, the company said on Friday.

AMD has long accused Intel of abusing its dominance of the $280 billion chip market; it filed suit against Intel in 2005. Intel's microprocessors power more than 80 percent of the world's PCs.

Intel said the company already has given the FTC hundreds of thousands of documents in the agency's two-year-old informal probe and will continue to cooperate.

"By proceeding to a subpoena, the Commission will be able to obtain not only information that Intel has already committed to provide but also information from other parties. Consistent with its standard practice Intel will work cooperatively with the FTC staff to comply with the subpoena and continue providing information," Intel said in a statement..

"The company believes its business practices are well within U.S. law. The evidence that this industry is fiercely competitive and working is compelling. For example, prices for microprocessors declined by 42.4 percent from 2000 to end of 2007. When competitors perform and execute the market rewards them. When they falter and under-perform the market responds accordingly," Intel added.

The FTC investigation is a second blow this week for Intel. On Thursday, the Korea Fair Trade Commission in Seoul ruled that Intel had abused its dominant position in the local market and imposed a fine of $25.6 million. Intel said it would almost certainly appeal.

The company also faces other investigations.

The New York state attorney general opened a formal probe of Intel in January to determine whether it broke state antitrust laws by trying to squeeze out AMD. And one year ago, the European Commission in Brussels charged Intel with selling chips below cost and offering customers huge rebates in an illegal attempt to drive AMD out of the market.

Japan's trade commission concluded in 2005 that Intel had violated that country's anti-monopoly act. Intel said it disagreed with the findings but accepted the commission's recommendation, a move that allowed it to avoid a trial.

In a previous FTC investigation of Intel, the two reached a settlement in 1999.

In addition to the various government investigations, AMD's lawsuit accuses Intel of giving computer makers illegal discounts and retaliating against manufacturers who used AMD chips, or stores that gave significant shelf space to computers with AMD chips. On Thursday, the court in Delaware hearing the case postponed a trial until 2010.


Previous
Next
HP and Acer settle patent litigation        All News        Singulus Says Blu-ray Take-up Faster Than DVD
HP and Acer settle patent litigation     General Computing News      Opera v9.5 to Feature Malware Protection

Get RSS feed Easy Print E-Mail this Message

Related News
Intel Reports Lower PC Sales And Higher Data Center Revenues For Q1 2015
Intel's MICA Now Delivers Fashion Tips, Styling Tricks and Weekly Horoscopes
Intel Demos Realsense Camera, Atom x3 Processor And Braswell SoCs at IDF
Intel Unveils Its Highest Performing Client SSD
Intel Releases New Braswell SoCs
Intel in Talks to buy Altera: report
Intel Lowers First-quarter Revenue Forecast Amid Slow PC Demand
Intel Introduces New Xeon Processor D-1500 Product Family
Intel Outlines 2015 Gaming News at GDC
MWC: Intel Launches New Mobile SoCs, LTE Solution
Intel Introduces New Brand Levels for the Intel Atom Processor
Intel's 'Skylake' Chips Coming This Year

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .