Intel talking to FTC about settling antitrust case
SANTA CLARA, Calif. — Intel says it is in talks with the Federal Trade Commission over settling an antitrust case against the chip maker.
In December, the FTC filed charges against Intel Corp., accusing it of practicing illegal sales tactics that have hampered competitors and kept prices for computer chips artificially high.
This week, the FTC and Intel agreed to suspend administrative trial proceedings as they work on hashing out a settlement.
The FTC has said it seeks to change Intel’s behavior instead of fines, as the European Union and South Korea have imposed.
The New York Attorney General’s office is also investigating Intel.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Gulf LNG terminal mulling export opportunities
- Education officials changing school rating system
- Yarber could be sworn in today as new Jackson mayor
- Capital City voters to elect new mayor in runoff
- Historic COFO building demolished due to structural problems
- Seafood R’evolution set to make Mississippi ‘the new culinary epicenter of the South’
- After review, MSU moves forward on new research facility
- Pharma Pac lays off rest of workers; could end up owing state
- Ole Miss launches commitment to be 'climate neutral'
- Study: Mississippi has highest sales tax rate in U.S.