Intel Accused by U.S. of Illegal Monopoly Practices (Update3)
Intel Accused by U.S. of Illegal Monopoly Practices (Update3) - Bloomberg.com
"
“Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly,” said
Richard A. Feinstein, the FTC’s director of competition, in a statement.
Intel, based in Santa Clara, California, controls more than 80 percent of the world’s market for computer chips, dwarfing No. 2 Advanced Micro Devices Inc. Intel has contended with antitrust probes dating back more than a decade and agreed to pay more than $1 billion to AMD last month to settle a four- year dispute.
Intel used “threats and rewards” aimed at computer manufacturers including Round Rock, Texas-based Dell Inc., Palo Alto, California-based Hewlett-Packard Co. and Armonk, New York- based International Business Machines Corp., according to the FTC statement. Intel coerced the companies not to buy rival central processing unit chips, according to the statement.
"