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.
Top Posts & Pages
- The Dan Jones-IHL saga: Is this the story that started it all?
- Dan Jones rejects IHL offer, won't publicly apologize
- Email from Nash to Delta Council’s Morgan included in DHA court file
- BREAKING NEWS: Trustees offer new deal to Ole Miss chancellor Dan Jones
- Suit against Kemper employee Brett Wingo is dismissed
- Ole Miss chancellor: Talks continue over job status
- DAVID DALLAS — From Dan and Dixie with love
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds
- Law to bolster utilities’ economic development efforts gets mixed reactions