Intel in Talks with FTC to Settle Antitrust Lawsuit

The FTC filed a lawsuit in December 2009 accusing Intel of anti-competitive business practices intended to stifle competition from AMD and Nvidia. Intel and the FTC have now filed a joint motion to suspend the legal proceedings while the two sides work to negotiate a settlement.

Intel’s statement indicated that a consent order has been proposed, and will be a key topic of discussion during the negotiations. However, terms of the proposed consent order were not released.

To read the original eWeek article, click here: Intel, FTC in Talks to Settle Antitrust Lawsuit