Intel Settles Claim That It Tried to Stifle Competition

Wednesday Aug 4th 2010 by Datamation.com Staff
Share:

Intel will no longer pay manufacturers to use its processors exclusively.

NY Times: Intel has reached a settlement with the Federal Trade Commission regarding claims that it tried to stifle competition. Under the terms of the agreement, the company will no longer pay PC makers to use its processors exclusively, will not specifically design its chips to harm a competitor, and will not retaliate against manufacturers who use other suppliers. Intel must also set up a $10 million fund to benefit customers it may have misled.

Intel has previously settled an anti-trust lawsuit with its main competitor AMD, but another lawsuit brought by the state of New York is still pending.

Share:
Home
Mobile Site | Full Site
Copyright 2017 © QuinStreet Inc. All Rights Reserved