FTC, Intel Get More Time For Settlement Review

Law360, New York (July 21, 2010, 5:01 PM EDT) -- The Federal Trade Commission has decided to suspend the legal proceedings in its case against Intel Corp. by an additional two weeks to give the agency additional time to consider a proposed settlement, the agency announced Wednesday.

In June, the FTC and Intel agreed to stay the administrative proceeding over Intel's alleged antitrust violations for 30 days while a proposed consent decree was reviewed by the commission.

That order was issued June 21 and would have expired at midnight Thursday had the agency not extended the...
To view the full article, register now.