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FTC Closer to Filing Complaint Against Intel

Posted by Kara Reeder Oct 26, 2009 9:28:55 AM

Computerworld reports that the Federal Trade Commission is moving closer to filing a formal antitrust complaint against Intel. Undisclosed sources say three out of four FTC regulators are in favor of filing a complaint, according to Reuters. Intel spokesman Chuck Mulloy says,

We certainly have been working closely with the FTC as they conduct their investigation. We would hope that the speculation is incorrect as we are continuing to work with the commission.

Earlier this year, the European Commission fined Intel $1.44 billion for antitrust violations.

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