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Intel and FTC working on settlement

Posted on Tuesday, June 22 2010 @ 16:57:14 CEST by


A new press release from Intel reveals the company is negotiating a settlement with the FTC:
SANTA CLARA, Calif., June 21, 2010 – Lawyers for the Federal Trade Commission (FTC) and Intel Corporation today filed a joint motion to suspend administrative trial proceedings while the parties consider potential settlement of the case originally filed by the FTC on Dec. 16, 2009. The motion opens a window through July 22, 2010, during which time the parties will review and discuss a proposed consent order. The terms of the proposed consent order are confidential and Intel will make no additional public comment on the matter at this time.




 



 

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