U.S. FTC files formal complaint against Intel

The U.S. Federal Trade Commission has filed an antitrust lawsuit against

Intel, charging the world’s largest computer chip maker with illegally using its dominant market position to stifle competition and strengthen its monopoly for a decade.

The FTC alleged that Intel has waged a “systematic campaign” to cut off rivals’ access to the marketplace. Intel deprived consumers of choice and innovation in the microchip industry, the FTC alleged.

The FTC’s decision to move forward with a case against Intel comes just a month after Intel settled antitrust and patent disputes with rival Advanced Micro Devices. Intel agreed to pay AMD US$1.25 billion in the settlement.

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Jim Love, Chief Content Officer, IT World Canada

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