FTC Won’t Seek Intel Breakup
December 18th, 2009
The Federal Trade Commission’s punitive campaign against chip making giant Intel will not include efforts to break up the company , a senior official said. The FTC has “no goal of breaking up Intel,” said Richard Feinstein, director of the FTC’s Bureau of Competition, in a call with reporters Wednesday. The FTC announced its suit against Intel earlier in the day, claiming the company uses its dominance to stifle competition in the market for microprocessors that run personal computers.
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