Tuesday, June 22, 2010
The U.S. Federal Trade Commission (FTC) and Intel Corp. have filed a joint motion to ''suspend administrative trial proceedings.''
The parties will now consider a potential settlement of the case originally filed by the FTC on Dec. 16, 2009. ''The motion opens a window through July 22, 2010, during which time the parties will review and discuss a proposed consent order,'' according to Intel. ''The terms of the proposed consent order are confidential and Intel will make no additional public comment on the matter at this time.''
As reported last year, the FTC sued Intel, charging that the chip maker has for a decade illegally used its dominant market position to stifle competition and strengthen its monopoly.
The FTC also alleged that Intel may have redesigned its software to degrade the performance of rival chips. The FTC complaint alleges that Intel has deprived consumers of choice and innovation in microprocessors through a systematic campaign to shut out competing chips--such as those from rival AMD.
By: DocMemory
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