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FTC Settles Charges of Anticompetitive Conduct Against Intel Chips

The Federal Trade Commission issued an August 4, 2010 press release stating that it approved a settlement with Intel Corp. that resolves charges the company illegally stifled competition in the market for computer chips. Intel has agreed to provisions that…

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will open the door to renewed competition and prevent Intel from suppressing competition in the future. The settlement goes beyond the terms applied to Intel in previous actions against the company and will help restore competition that was lost as a result of Intel’s alleged past anticompetitive tactics. At the same time, the settlement will leave the company room to innovate and offer competitive pricing.