Intel Strikes Deal With US Anti-Competitive Behaviour
Computer chip maker Intel is expected to publish details of an agreement with the US Federal Trade Commission (FTC) aimed at ending a series of investigations for anti-competitive behaviour.
The FTC has investigated Intel for anti-competitive practices against rival processor maker Advanced Micro Devices (AMD) over the past 10 years.
Details of an agreement reached in July are expected be announced in Washington today, according to the Financial Times.
The agreement, to be published for public comment before it is finalised, is expected to involve Intel undertaking to change some of its business practices, the paper said.
The FTC accused Intel of using threats and rewards to discourage PC makers from buying chips from AMD, but Intel has consistently denied the charges.
The settlement will be put out for public comment before it is finalised, an Intel spokesman said. He refused to comment on terms of the deal.
Intel has already been penalised by competition authorities in Europe, Japan and South Korea, including a record $1.44bn fine by European authorities.
Last year, Intel paid AMD $1.25bn to end a civil complaint about anti-competitive practices and a dispute about patent cross-licencising.
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