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Intel faces antitrust lawsuit from FTC

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posted on Dec, 16 2009 @ 09:10 AM
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Intel faces antitrust lawsuit from FTC


www.kob.com

The Federal Trade Commission is suing Intel Corp., accusing the world's biggest chip maker of using its size to snuff out competition.

The FTC says Intel, which makes the microprocessors that run personal computers, has shut rivals out of the marketplace. In the process, the FTC says Intel has deprived consumers of choice and stifled innovation in the chip industry.
(visit the link for the full news article)




posted on Dec, 16 2009 @ 09:10 AM
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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.

This new claim is worrisome to those of us who live here... they have a huge plant and the best paying jobs in town come from the Intel plant... Well have to watch this story to see how it pans out

www.kob.com
(visit the link for the full news article)



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