Summary Box: Intel, FTC in talks to consider settling antitrust case

By AP
Tuesday, June 22, 2010

Summary Box: Intel, FTC in settlement talks

THE TALKS: Intel Corp. and the Federal Trade Commission are in talks to settle an antitrust case against the chip maker. The FTC accuses Intel of illegal sales tactics that have crippled rivals and kept prices for computer chips artificially high.

THE IMPACT: A settlement would ease Intel’s legal troubles in the U.S., but the company still faces trouble abroad. And a key question remains about whether the cases will affect computer prices.

THE TIMELINE: The two sides have 30 days to reach an agreement. If not, the case will go to trial before an administrative law judge in September.

Filed under: Information Technology
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