Saturday, June 07, 2008 - Posts

FTC opens formal probe of Intel

Escalating the world's largest computer chip maker's legal woes, the Federal Trade Commission has opened a formal probe into Intel Corp.'s sales tactics.

The move is a victory for its much smaller rival, Advanced Micro Devices Inc.

Intel disclosed Friday that it has received a subpoena from the FTC for records about Intel's microprocessor sales, which dominate the world market with a roughly 80 percent share.

The FTC's two-year investigation had been considered "informal" until that point, and Intel, which is already fighting antitrust charges in the European Union and was fined this week by antitrust regulators in South Korea, said it had been cooperating.

posted by isnaini (Comments Off)