New York to investigate Intel

Posted on Friday, Jan 11 2008 @ 17:53 CET by Thomas De Maesschalck
New York announced it will launch an antitrust probe into Intel:
New York state launched a formal investigation of Intel Corp on Thursday, to determine if the world's No. 1 chipmaker broke state and U.S. antitrust laws to squeeze out its main rival, Advanced Micro Devices Inc.

New York state Attorney General Andrew Cuomo said his office issued a broad subpoena seeking information after a preliminary probe raised questions about whether Intel coerced customers to exclude AMD from the worldwide market for microprocessors, the main computing engines of PCs.

Intel is facing similar investigations in Europe and Asia, although federal antitrust enforcers in Washington have so far declined to take up the matter.
More info at Reuters.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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