FTC Wants Intel to Repent, Not Pay Up |
| BusinessWeek - Dec 17, 2009 |
The U.S. Federal Trade Commission, pursuing the biggest U.S. antitrust case in more than a decade, may transform the way Intel Corp. competes in the computer-chip industry.
The FTC said yesterday that Intel (INTC), the world's largest chipmaker, stifled competition by using "threats and rewards" to force computer makers not to buy chips from rivals. Richard Feinstein, the FTC's director of competition, said he would rather Intel alter its business practices than be saddled with a fine that does little to foster competition.
Regulators said they want to keep Intel, the world's largest chipmaker, from signing exclusive deals with computer makers and require the company to share more of its technology with rivals. If successful, the government may gain influence over how Intel licenses its technology, says Robert Lande, a law professor at the University of Baltimore.
Read Full Article from BusinessWeek
- Posted: 2009-12-17 04:18:56
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