F.T.C. Accuses Intel of Trying to Stifle Competition
The Federal Trade Commission on Wednesday sued the chip maker, Intel, accusing it of using its dominant market position “to stifle competition and strengthen its monopoly.”
In its complaint, the agency, which has been investigating Intel for a year, accused the chip maker of a systematic campaign to block rivals from selling their microchips by cutting off access to the market.
In doing so, the agency said in a statement, Intel deprived consumers of a choice of innovative microchips for their computers’ central processing unit.
“Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly,” said Richard A. Feinstein, director of the commission’s Bureau of Competition. “It’s been running roughshod over the principles of fair play and the laws protecting competition on the merits.”
New York Times
12/16/9
Magnolia Tribune
