Federal Trade Commission sues chip giant Intel
Accusing the world’s largest chipmaker of illegally using its market power to suppress competitors, the US Federal Trade Commission (FTC) sued Intel Corp.
Intel, facing similar charges in Europe and Asia, has been accused for waging an organized campaign for almost a decade to throttle the competing microchips produced by rivals by cutting off their access to the marketplace.
Richard Feinstein, director of the FTC’s Bureau of Competition said, “Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly.:
He added, “It’s been running roughshod over the principles of fair play and the laws protecting competition on the merits. The Commission’s action today seeks to remedy the damage that Intel has done to competition, innovation, and, ultimately, the American consumer.”
This comes a month after the chipmaker giant Intel agreed to pay Advanced Micro Devices USD 1.25 billion to settle the long-running legal dispute between the two competitors.
Intel to pay $1.25b for patent dispute
World’s one of the leading chip maker, Intel, in a bid to resolve a longstanding legal case, agreed on Thursday to pay its rival, Advanced Micro Devices, USD 1.25 billion to settle antitrust and patent disputes.
The agreed settlement will resolve a case pending in Federal District Court in Delaware and two in Japan. In addition, AMD will also withdraw all of its regulatory complaints worldwide.
AMD filed an antitrust complaint in 2005 in Delaware, accusing Intel had oppressed dozens of computer makers, retailers and distributors by threatening to retaliate against them if they did business with AMD. The complaint also accused Intel of using improper tactics, like discriminatory rebates and subsidies to win and keep customers.
As part of Thursday’s settlement, Intel has now agreed to abide by a set of business practice provisions.
The joint statement released by both the companies revealed that though the relationship between the two companies have been strained, the agreement seeks to ends the legal disputes and enables the companies to focus all of our efforts on product innovation and development.
EU regulator eyes Google after Microsoft and Intel
EU’s next target might well be Google, thanks to its omnipresent Internet search engine and online ad business. After fining the software giant Microsoft and then Intel, EU competition regulators are believed to be eyeing the search engine giant.
EU accused Microsoft of illegally tying up its internet explorer web browser alongside its Windows Operating System. EU is believed to be taking a legal action against the software giant on the same.
Intel was fined a huge USD 1.45 billion for allegedly abusing its dominant market power. It alleged Intel for using strong-arm sales tactics in the computer chip market.
Microsoft, in its defense, insists that the profits are being earned from the search engine market and the lucrative online advertising business, indicating that Google is the one taking all benefits.
The commission on the other hand insists that Microsoft ought to include multiple web browsers pre-installed on Windows OS, giving an option to the user to choose from.
Under the tighter system to be approved, Google is the foremost target for EU.
Intel saves the environment
Computer chipmaker Intel is developing tiny devices that can tap the energy from the surrounding environment, according to reports. The report also says that devices will include chip-size sensors that monitor air quality while riding piggyback on street-sweepers, and cell phones that recharge themselves with energy “scavenged” from the environment.
A transmitter connected to the sensor relays the data to whoever needs it. Distributed around the globe, these devices could give scientists up-to-the-minute details of air quality worldwide. And the amount of energy captured at any one time would be very small, so the devices would need to act as “scavengers,” storing up energy until they had enough to perform a specific task.
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