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NVIDIA applauds FTC action against Intel

Posted on Wednesday, December 16 2009 @ 19:57:47 CET by


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.


 



 

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