Intel to cooperate with FTC antitrust probe
By James Carbone -- Purchasing, 7/17/2008 2:00:00 AM
Semiconductor giant Intel says it is cooperating with a Federal Trade Commission (FTC) investigation that is probing alleged anticompetitive conduct.
AMD, Intel's rival in microprocessors, refused comment on the matter. However, AMD has pressed U.S. and foreign regulators to investigate Intel's pricing policies.
AMD, based in Sunnyvale, Calif., has sued Intel in federal court in Delaware over its pricing practices. Because of the large amount of evidence in the case, the trial has been delayed until 2010.
The FTC probe is one in a string of legal problems for Intel, headquartered in Santa Clara, Calif. The Korean Fair Trade Commission investigated Intel's pricing policies and says it will order the chipmaker to pay more than $25 million for violating Korea's fair trade laws. The Korean commission found that Intel violated antitrust laws when it offered $37 million in rebates to personal computer makers if they agreed not to buy microprocessors from AMD. Intel says it would appeal that decision.
Last year the European Commission said Intel had engaged in anticompetitive conduct by providing rebates to computer companies that limit their business with rivals.
The New York state attorney general's office is also reviewing Intel's pricing policies.
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