Intel, FTC Come to Terms on a Settlement - RSG Clan

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08-05-2010, 08:23 PM

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Intel, FTC Come to Terms on a Settlement

The Federal Trade Commission can close the books on its case against Intel, the world's largest chip maker, after the two sides were able to hammer out a settlement. Intel stood accused of anticompetitive practices, which is legal speak for being a bully in the marketplace, and under terms of the agreement, the Santa Clara chip maker must refrain from offering "conditioning benefits" to manufacturers who agree to roll with Intel exclusively, or "retaliating against" manufacturers who don't. "This case demonstrates

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