New York Latest to Investigate Intel Practices
(Newser)
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With proceedings already underway against Intel Corp. in Europe and Asia, New York's attorney general today began formally investigating whether the world's largest computer chip-maker has broken state and federal antitrust laws, Reuters reports. “Our investigation is focused on determining whether Intel has improperly used monopoly power to exclude competitors”—chiefly rival AMD—“or stifle innovation,” Andrew Cuomo said.
The federal government has not become involved with the case, though Intel’s business practices have drawn frequent scrutiny in the past. The investigation comes on the heels of a similar one in Europe, where the European Commission has accused Intel of illegally trying to squash AMD through tactics like dropping prices below cost. Intel aims for a hearing in the case.
Source:
Reuters
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