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Intel sued by US Government

Intel sued by US Government

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source url There seems to be no end in sight for Intel as after get paying out $1.25 billion to AMD they are now under the crosshairs of the US government.

get link The Federal Trade Commission is a US government body who protect consumers from the harmful effects of monoply situations. The FTC have said “Intel has waged a systematic campaign to shut out rivals’ competing microchips by cutting off their access to the marketplace. In the process, Intel deprived consumers of choice and innovation in the microchips that comprise the computers’ central processing unit.” on their website.

source “Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly, It’s been running roughshod over the principles of fair play and the laws protecting competition on the merits. The Commission’s action today seeks to remedy the damage that Intel has done to competition, innovation, and, ultimately, the American consumer.” said Richard A. Feinstein, Director of the FTC’s Bureau of Competition.

problem recognition of buying a timberland boot Intel have recently paid out £948 million after a case involving the EU however this most recent case has a different edge – the FTC complaint also mentions nVidia and that Intel are exerting their monopoly to try and control the market for Graphics processors. As we reported today, the nVidia CEO has already made a public statement about these concerns.

can i do my homework now Intel have denied the allegations and said in a statement that their “actions have benefitted consumers. The highly competitive microprocessor industry, of which Intel is a key part, has kept innovation robust and prices declining at a faster rate than any other industry. The FTC’s case is misguided. It is based largely on claims that the FTC added at the last minute and has not investigated.”

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