Thursday, January 29, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Introduces Place Tips in News Feed
AMD Cuts Prices Of Radeon Graphics Card To Cash On GTX 970 Memory Furor
HyperX Sets DDR4 Overclocking Record
Intel 5th Generation vPro Processors Released
Mobile Provider TracFone to Pay $40 Million to Settle FTC Charges
Intel Releases New 20nm SSDs For Data Centers
Microsoft Brings Office To iOS and Android Devices
LG Electronics Q4 Net Loss Widens, Full Year Profit Soars
Active Discussions
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
 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 5th Generation vPro Processors Released
Intel Releases New 20nm SSDs For Data Centers
Latest Intel Graphic Driver Adds Support For 4K, VP9 Video Playback
Intel Reports Revenue Jump
Intel CEO Unveils Curie Module For Wearable Solutions
Intel 5th Generation Broadwell Processors Arrive, Cherry Trail Shipping
Intel, IBM Follow Different Strategies On 14nm FinFET
Intel Unifies and Simplifies Connectivity for IoT
TSMC To Make Intel's SoFIA Handset Chips
Intel to Invest in China Factory
Intel and Luxottica To Collaborate On Smart Eyewear
Intel Offers Professor Stephen Hawking Ability to Better Communicate

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 .