Intel faces FTC lawsuit

Intel faces FTC lawsuit

The Federal Trade Commission sued chip-maker Intel for using its significant market presence to unfairly block out competitors.

The FTC said Intel used a systematic campaign to cut off market access to its chip-selling rivals.

In doing so, the agency said in a statement, Intel “put the brakes on superior competitive products that threatened” its microchip market share.

“Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly,” said Richard A. Feinstein, director of the agency’s Bureau of Competition. “It’s been running roughshod over the principles of fair play and the laws protecting competition on the merits.”

Read the full story at The New York Times.

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