Tuesday, May 22, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Huawei's MateBook X Pro Laptop Available in the U.S. For $1,200
Acer to Roll Out Alexa Across its PC Portfolio
Nvidia Releases the 3GB GeForce GTX 1050 to Attract More PC Gamers
LG Q7 Smartphone Comes With New Cameras, AI, Hi-Fi Audio, IP68 Rating and Fingerprint Sensor
Qualcomm and Facebook to Bring Terragraph Gigabit Wireless Connectivity Over 60GHz to Urban Areas
Zuckerberg Hearing's in the EU Parliament to Be Live Streamed
Galaxy Note 9 to Feature Updated Bixby 2.0: Samsung
Microsoft Acquires Conversational AI Company Semantic Machines
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > FTC Ext...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 22, 2010
FTC Extends Antitrust Settlement Talks With Intel


The Federal Trade Commission will extend by two weeks the temporary withdrawal of its case against Intel from adjudication to allow the Commission more time to consider a proposed settlement.

The original order was issued on June 21 and was set to expire on Friday, July 23 at 12:01 a.m. This action extends the withdrawal until 12:01 a.m. on Friday, August 6.

Federal regulators will take at least two more weeks to work out details of a proposed agreement with Intel to settle charges that the giant chipmaker violated antitrust laws.

The Federal Trade Commission said late Wednesday that it needs more time to consider and negotiate the proposed settlement, which was first announced last month.

The FTC?s Bureau of Competition works with the Bureau of Economics to investigate alleged anticompetitive business practices and, when appropriate, recommends that the Commission take law enforcement action.

The FTC brought antitrust charges against Intel last December, charging that the company has illegally used its dominant market position for a decade to stifle competition and strengthen its monopoly. The FTC alleges that Intel has waged a systematic campaign to shut out rivals' competing microchips by cutting off their access to the marketplace. In the process, Intel deprived consumers of choice and innovation in the microchips that comprise the computers' CPU. According to the FTC complaint, Intel's anticompetitive tactics were designed to put the brakes on superior competitive products that threatened its monopoly in the CPU microchip market. Over the last decade, this strategy has succeeded in maintaining the Intel monopoly at the expense of consumers, who have been denied access to potentially superior, non-Intel CPU chips and lower prices, the complaint states.

The case, which is before an administrative law judge at the agency, has been on hold for a month while the two sides have tried to hammer out an agreement. That suspension had been set to end at midnight on Thursday, but will now run through midnight on Aug. 5.


Previous
Next
IBM Unveils Faster zEnterprise Mainframe        All News        Spansion and Elpida Announce Broader Flash Memory Alliance
Windows 7 Drive Microsoft's Growth     General Computing News      Spansion and Elpida Announce Broader Flash Memory Alliance

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Acquires Conversational AI Company Semantic Machines
Intel Announces First Xeon Scalable Processor with Integrated Intel Arria 10 FPGA
Samsung Extends its Semiconductor Sales Lead over Intel
Intel Releases OpenVINO Toolkit for Computer Vision Applications
Intel's First 10nm Cannon Lake Core i3-8121U Processor Confirmed
Intel Briefs Upcoming Z390 Chipset
Intel Seeks to Advance Probabilistic Computing
Intel and Packet to Offer Free Access to Optane SSDs
Facebook Advances Image Recognition With Deep Learning on Hashtags
Intel Optane 905P Series 3D XPoint SSDs Coming Soon
Intel kills Kaby Lake-X CPUs
Intel Reports Record First-quarter Revenue on Demand for Data Center Chips, 10nm Chips Coming in 2019

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .