Wednesday, October 07, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Introduces The Accelerated Mobile Pages Project To Advance Mobile Optimized Content
Windows Phones To Start Getting Windows 10 in December
HP Unveils Windows 10 Computers In New Form Factors and Designs
Samsung 3Q Operating Profit Surges
Twitter 'Moments'To Highlight Best Tweets
Hololens, New Lumia Smartphones, Band, Surface Pro 4 and Surface Book Shined At Microsoft's Windows 10 Devices Event
Sharp Showcases Ultra HD Blu-ray Recorder, 8K TV at CEATEC 2015
EU Court Says EU-US Data Transfer Pact Is Invalid
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 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.

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
New Firmware For Intel 750 Series SSD MAkes Your PC Booy Up Faster
Intel Says New DC P3608 IS The Most Powerful Data Center SSD
Intel Establishes Automotive Security Review Board
Intel Unleashes Multi-Gigabit Performance With New Puma 7 Chip
Intel Media Server Studio 2016 Enables Faster Video Transcoding and Transition to HEVC and 4K
Intel Invests US$50 Million to Advance Quantum Computing
Intel Says New Skylake Processors Are The Best Ever Made
Intel Talks About Skylake At IDF
Intel Outlines Expanded RealSense And Optane Technologies At IDF
Intel To Bring Xeon Processors to Notebook PCs
Researcher Discovers Flaw in Intel Processors
Intel Teases With Skylake Processor Family and Z170 Express Chipset Debut

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 .