Divergent Reactions To Intel Case
There are divergent reactions - much of which could be attributed to who they represent - by some Washington-based industry groups to the news Wednesday that the FTC is suing Intel Corp. for anticompetitive behavior.
The Computer & Communications Industry Association lauded the FTC for taking steps to preserve competition. Intel rival Advanced Micro Devices (AMD) is one of CCIA's member companies. "Innovation and products that make technological leaps forward are crucial to our nation's economic recovery," CCIA President Ed Black said in a statement. "The FTC's actions against Intel's alleged bullying behavior shows it understands the dangers of overlooking evidence that a company is using its position to discourage competing products from reaching the marketplace."
Black argued that the FTC is not alone in targeting Intel, noting that antitrust authorities in Europe, Japan and South Korea have launched their own inquiries. The European Commission levied a record $1.5 billion antitrust fine against Intel in May. Last month, Intel settled a lawsuit filed by AMD and agreed to pay the firm $1.25 billion.
The Association of Competitive Technology, which counts Intel as one of its "sponsors," argued that Intel's settlement with AMD should have resolved the matter. "The FTC's complaint is a hasty solution to some hypothetical and imaginary issues," ACT President Jonathan Zuck said in a statement. "Following the settlement between Intel and AMD that resolved the core issues that the FTC has been investigating for more than two years, the FTC has slapped together a completely new set of allegations into this complaint."
Categories:
Antitrust
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