Corporate & Securities Law

Intel Settlement Watch Part III

The settlement is here.  Somewhat oddly, the details of the settlement are to take place tomorrow at a press conference at 10 am.  Here’s the FTC announcement:

Federal Trade Commission Chairman Jon Leibowitz will be joined by Bureau of Competition Director Richard Feinstein at FTC Headquarters on Wednesday, August 4, 2010, at 10:00 a.m. ET to detail the terms of the Commission?s order settling charges that Intel Corporation used anticompetitive tactics that stifled innovation and harmed consumers in the market for computer microprocessors, graphics processing units, and chipsets. The FTC?s complaint, filed in December 2009, charged Intel with waging a systematic campaign to shut out rivals? competing microchips by cutting off their access to the marketplace, and harming consumers.

There will also be a webcast.

Full post as published by Truth on the Market on August 03, 2010 (boomark / email).