Intel settles charges it stifled rivals | india | Hindustan Times
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Intel settles charges it stifled rivals

The US Federal Trade Commission said Intel Corp has agreed to stop using threats and bundled prices to hamper competition, as part of a settlement of charges that the world's largest chip maker illegally abused market dominance.

india Updated: Aug 04, 2010 21:40 IST

The US Federal Trade Commission said Intel Corp has agreed to stop using threats and bundled prices to hamper competition, as part of a settlement of charges that the world's largest chip maker illegally abused market dominance.

The FTC said Intel has agreed to let makers of complementary products access to its central processing units for the next six years.

The deal bars Intel from retaliating against computer makers if they do business with non-Intel suppliers.

Intel makes 80 percent of the world's microprocessors.