Intel Strikes Deal In FTC Antitrust Action

Law360, New York (August 4, 2010, 9:59 AM EDT) -- The Federal Trade Commission on Wednesday announced a settlement with Intel Corp. over claims that the microprocessor giant illegally curbed competition in the market for computer chips.

The FTC said the settlement went beyond terms Intel had agreed to in resolving previous actions against the company because it applied not only to central processing units but also to graphics processing units and integrated chipsets.

Still, the settlement will allow the company to grow and offer competitive prices, the commission said.

“By accepting this settlement, we open...
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