Economy

FTC Accuses Intel Of Stifling Competition

Charging that the company "has illegally used its dominant market position for a decade to stifle competition and strengthen its monopoly," the Federal Trade Commission announced this morning that it is suing semiconductor chip giant Intel Corp.

The Wall Street Journal writes that "the administrative complaint charges that Intel used threats and rewards aimed at the world's largest computer manufacturers, including Dell Inc., Hewlett-Packard Co., and IBM Corp., to coerce them not to buy rival computer central-processing-unit chips."

The Associated Press notes that:

Intel has faced similar charges for years and has denied any wrongdoing. The lawsuit comes after a recent $1.25 billion settlement with rival Advanced Micro Devices Inc. over similar claims.

The FTC says it is "seeking an order which includes provisions that would prevent Intel from using threats, bundled prices, or other offers to encourage exclusive deals, hamper competition, or unfairly manipulate the prices of its CPU or GPU chips. The FTC also may seek an order prohibiting Intel from unreasonably excluding or inhibiting the sale of competitive CPUs or GPUs, and prohibiting Intel from making or distributing products that impair the performance—or apparent performance—of non-Intel CPUs or GPUs."

In other legal news, Bloomberg reports that "Microsoft Corp. ended more than a decade of antitrust disputes with the European Union by giving consumers a choice among Web browsers. "

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