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Keyword: ftcsuit

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  • Intel Comments on FTC Suit

    12/17/2009 9:11:24 AM PST · by Ernest_at_the_Beach · 12 replies · 419+ views
    Intel ^ | December 16, 2009 | Intel
    SANTA CLARA, Calif., December 16, 2009 – Intel Corporation issued the following statement regarding the suit filed by the U.S. Federal Trade Commission (FTC): "Intel has competed fairly and lawfully. Its actions have benefitted consumers. The highly competitive microprocessor industry, of which Intel is a key part, has kept innovation robust and prices declining at a faster rate than any other industry. The FTC's case is misguided. It is based largely on claims that the FTC added at the last minute and has not investigated. In addition, it is explicitly not based on existing law but is instead intended to...