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Intel to be investigated
The world's biggest computer chip-maker, is under investigation by New York Attorney General Andrew Cuomo as it has allegedly broken anti-trust laws. Claims have been made that Intel stopped customers from dealing with rival Advanced Micro Devices (AMD).Intel had previously cut prices as well as attempting to boost efficiency while AMD made efforts to become the world's top producer.
A subpoena has been issued seeking documents, including its pricing strategy, from Intel over its conduct regarding AMD.
"Our investigation is focused on determining whether Intel has improperly used monopoly power to exclude competitors or stifle competition," Mr Cuomo said.
"Businesses and consumers everywhere should have the ability to easily choose the best products at the best price, and only fair competition can guarantee it."
The focus of the investigation is whether Intel compensated customers for being exclusive and penalised those who were not. It will also bring to light whether the firm "illegally cut off competitors from distribution channels".
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Published Date: 2008-01-11 11:54:17Subscribe to our RSS News feed:
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