|
The US Federal Trade Commission sued Intel Wednesday alleging that the computer chip-making giant used anti-competitive practices to maintain its dominance. The suit claimed that the Silicon Valley pioneer coerced computer makers not to buy rival chips and redesigned software to stunt the performance of non-Intel computer processors. Such actions were part of a systematic campaign to "put the brakes on superior competitive products that threatened" Intel's market share, the FTC said. "Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly," said Richard A Feinstein, director of the agency's Bureau of Competition. "It's been running roughshod over the principles of fair play and the laws protecting competition on the merits." The move comes just one month after Intel agreed to pay its main rival Advanced Micro Devices $1.25 billion to settle that company's claims against it. But Intel still faces antitrust complaints from European Union regulators and from New York state. The FTC lawsuit said the commission was seeking an order to prevent Intel from using threats, bundled prices or other offers to encourage exclusive deals, hamper competition or unfairly manipulate the prices of its computer and graphics-processing-unit chips. Intel said the FTC was "misguided" and rejected the allegations in the suit. In a statement, company general counsel Doug Melamed said that Intel had made good progress in settlement talks with the FTC. |
Tags: Intel
Mixx
Facebook
Twitter
Digg
delicious
reddit
MySpace
StumbleUpon
LinkedIn
ASUS launches ROG Rampage IV GENE gaming motherboard in India
ASUS has pulled the wraps off their latest X79 motherboard, the Rampage IV GENE. This hails from their Republic ...
Intel buys RealNetworks' patents for $120 million
Intel banking on Ice Cream Sandwich to succeed in the mobile space
Samsung scraps Bada platform for project Tizen
CES 2012: Intel promptly responds to 'fake DX11 demo' goof-up
CES 2012: Gigabyte demos their new 3D Power design and UEFI BIOS
CES 2012: Intel demos the notebook of the future, a tablet/notebook hybrid
Leaked Images, Availability, Pricing,
Specs, Pre-order
The CPUs of Today - Just How Useful are They?
More cores, more performance, but do we really need it at all?
Top crop in the CPU arena.
Interview With Rajesh Gupta, Director - Sales and Marketing Group, INTEL SOUTH ASIA
Rajesh Gupta of Intel, answers your queries.
Logitech ZAAG iPad2 Keyboard Case
Prashant Jain
Tue Feb 14, 15:37:58
IIHT and Microsoft offer "IIHT Certified Cloud Expert"
Evans Chibale
Tue Feb 14, 14:04:55
Google doodles for Valentine's Day
India de Nica
Tue Feb 14, 14:02:46
More from this Author
_011517074205_160x90.jpg "Epson Stylus Photo R3000")
Sony toys with the idea of Vita OS-based...
First image of an ICS running Motorola...
iPad 3 to be announced on March 7, cites...
Samsung officially unveils Galaxy Tab 2...
The Darkness II - Fear of the Dark
Resistance: Burning Skies dated
About Us | Site Profile | Tech2 Team | IBNLive News | IBNLive Hindi News | Cricket News | Indian Stock Market | Policy | T & C
Copyright © 2011, Tech2.com India - A Network 18 India Venture
