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Intel hit with FTC antitrust investigation

updated 01:45 pm EDT, Fri June 6, 2008

FTC investigating Intel

Intel is officially being investigated by the Federal Trade Commission, writes the Wall Street Journal. The CPU maker has been accused of violating US antitrust laws, specifically for a practice of using exclusive rebates and other tactics designed to discourage builders from turning to other companies. The case appears to be the result of long-term pressure from rival AMD, which has yet to resolve an antitrust lawsuit first filed in 2005. Another government probe began this year in the state of New York, with the help of local politicians.

Intel denies allegations, saying its practices are "well within US law." It has in fact cooperated with informal FTC investigations since 2006, supplying what the company describes as "thousands of documents."

Efforts on the part of AMD have already shown some success outside of the United States, with investigations being launched in Europe, Japan and South Korea. The only conclusive result however has come from Korea, which has imposed a fine of $25.4 million on Intel.




by MacNN Staff

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Comments

  1. unscriptable

    Joined: Dec 1969

    0

    It's about friggin time

    By the time the FTC gets around to dealing with abusive monopolies, it's often way too late!

  1. Super Glitcher

    Joined: Dec 1969

    0

    yeah

    cuz' every company that uses their products really WANTS to have 'Intel inside' plastered all over their boxes, products, manuals, websites and tv commercials...

  1. testudo

    Joined: Dec 1969

    0

    Re: yeah

    Well, it depends on how much $$$ can come off the price of that computer. Because who cares if there's some sticker on the outside of some computer?

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