Intel Sued by FTC Over Monopoly Issues
Just as Intel clears one problem, another one appears.
Despite Intel's $1.25 billion settlement with AMD being already paid, the world's largest chipmaker's headaches are far from over.
Today the U.S. Federal Trade Commission launched an antitrust suit against Intel for anticompetitive practices.
"Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly," said Richard A. Feinstein, director of the FTC's Bureau of Competition. "It's been running roughshod over the principles of fair play and the laws protecting competition on the merits."
The FTC expects that the complaint will be heard by an FTC administrative law judge next September, Bloomberg reported.
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How about Intel pay AMD another billion and a bit to get this case dropped as well? That should put the Green Team in a good position to start competing again.