FTC Charges Intel With Decade-Long Antitrust Monopoly - CourtSide
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FTC Charges Intel With Decade-Long Antitrust Monopoly

The FTC filed an administrative lawsuit againt Intel today, charging the computer chip giant with engaging in monopolistic behavior using "unfair methods of competition and unfair acts or practices" for more than a decade.

The antitrust agency charged that "Intel's conduct during this period was and is designed to maintain Intel's monopoly in the markets for Central Processing Units ('CPUs') and to create a monopoly for Intel in the markets for graphics processing units ('GPUs')."

The suit comes just one month after New York Attorney General Andrew Cuomo sued Intel, charging the Silicon Valley giant with paying hardware makers billions in bribes to maintain a monopoly over competitors like Advanced Micro Devices (AMD).

You can read the FTC's new antitrust compalint against Intel here:

 

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