NVIDIA applauds FTC action against Intel

Posted on Wednesday, December 16 2009 @ 19:57 CET by Thomas De Maesschalck
NVIDIA spokesperson Hector Marinzed praised the US Federal Trade Commission for suing Intel:
"We applaud today's action by the US Federal Trade Commission," said Nvidia spokesperson Hector Marinez. "We are particularly pleased to see scrutiny being placed on Intel's behavior toward GPUs, which have become an increasingly important part of the PC industry."

"Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly," said Richard Feinstein, Director of the FTC’s Bureau of Competition. "It’s been running roughshod over the principles of fair play and the laws protecting competition on the merits. The Commission’s action today seeks to remedy the damage that Intel has done to competition, innovation, and, ultimately, the American consumer."
NVIDIA's shares are up 8.12 percent on the news, while Intel is down 1.72 percent.


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.



Loading Comments