Intel Settles Antitrust Complaint With FTC

“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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