Curtains finally close on FTC Intel gig
Print story'Ethical and lawful'
Posted in Business, 26th September 2000 15:54 GMT
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The Federal Trade Commission has closed the file on its investigation of Intel's business practices. It has also closed its examination of the anti-competitive implications of the acquisition of Chips &Technology and the equity stake in Real3D held by Intel.
These are bookkeeping exercises - The FTC ceased active investigation of Intel's business practices in August 1999, and it effectively ended its investigation of the C&T/3D deals in February 1998, when it said it would not block the transactions.
In other words, Intel is as clean as a whistle, or in CEO Craig Barrett's words "conducts its business in an ethical and lawful manner". ®
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