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Intel Settles Antitrust Complaint With FTC

Aug 04, 2010, 22:04 (0 Talkback[s])
(Other stories by Kenneth Corbin)

"Federal antitrust authorities Wednesday morning unveiled details of a settlement in a major antitrust case with chipmaker Intel Corp. that alleged a longstanding abuse of the company's dominant market share to undercut rivals such as AMD and Nvidia.

"The Federal Trade Commission brought the lawsuit last December, taking aim at Intel (NASDAQ: INTC) for a litany of anticompetitive practices that it alleged had limited choice for consumers and unfairly favored Intel's products over potentially superior offerings from other firms."

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