Intel is hit with antitrust charges

Article Abstract:

Intel Corp. has been named in a federal antitrust lawsuit due to allegations of using its monopoly to curb competition and innovation. In an nine-page document, the Federal Trade Commission charged that the giant chipmaker took retribution against Intergraph Corp., Digital Equipment Corp. and Compaq Computer Corp. when the companies attempted to impose patents against Intel and other firms connected with Intel. The chipmaker ceased sharing product information it provides to clients and made threats to stop supplying high-tech chips when the three companies declined to grant key patents based on the conditions set by Intel.

Comment:

Has been named in a federal antitrust suit due to allegations of using its monopoly to curb competition and innovation

Article

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Intel earnings miss forecast, but improvement is seen

Article Abstract:

Intel Corp. posted slightly-lower-than-expected earnings for the third-quarter of 1999. The company reported $1.46 billion (1.36 billion euros) in net income for the quarter. Intel is still being affected by the drop in the prices of personal computers. The company's quarterly net income fell 6% compared to the same period in 1998. Intel posted $1.55 billion in net income in that previous period. However, the company is expecting to see improved levels in the fourth-quarter.

Sales, profits & dividends, Finance

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U.S. reveals witnesses for Intel trial

Article Abstract:

The Federal Trade Commission (FTC) introduced a list of 24 possible witnesses in its antitrust case against Intel Corp. The trial is scheduled to begin on March 9, 1999. Eight of the potential witnesses are from firms that were not included in the FTC's initial complaint. The suit claims that Intel intimidated Digital Equipment Corp., Compaq Computer Corp., and Integraph Computer Corp. into unwillfully granting licenses for intellectual property.

Comment:

FTC introducesd a list of 24 possible witnesses in its antitrust case against Intel

Semiconductors and related devices, Cases, INTC, Antitrust law

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