Friday, August 6, 2010

Federal Trade Commission Settles with Chipmaker Intel

The Federal Trade Commission (FTC) on Wednesday agreed to settle its case against Silicon Valley chipmaker Intel, resolving charges that the company illegally stifled competitors. Under the agreement, Intel will be barred from using threats, bundled prices or other efforts against competing makers of central processing units (CPUs), graphics processing units (GPUs) and chipsets. The deal specifically gives three companies -- AMD, Nvidia and Via -- more freedom to consider mergers or joint ventures with other companies, without the threat of being sued by Intel for patent infringement. "This case demonstrates that the FTC is willing to challenge anticompetitive conduct by even the most powerful companies," said FTC Chairman Jon Leibowitz. "By accepting this settlement, we open the door to competition today and address Intel's anticompetitive conduct in a way that may not have been available in a final judgment years from now." The FTC sued Intel in December 2009, alleging that the company used anticompetitive tactics to cut off rivals’ access to the marketplace. "The settlement enables us to put an end to the expense and distraction of the FTC litigation," said Doug Melamed, Intel's senior vice president and general counsel.

http://www.ftc.gov/opa/2010/08/intel.shtm
http://www.intel.com/pressroom/legal/index.htm

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