Intel to FTC: We Didn't Do Anything Wrong
Intel calls the FTC case "misguided."
Earlier today, word came out that the U.S. Federal Trade Commission has launched a suit against Intel over the company's alleged anticompetitive practices. Despite its recent settlement with AMD, Intel maintains that it competes fairly and lawfully.
Intel Corporation issued the following statement regarding the suit filed by the U.S. Federal Trade Commission (FTC):
"Intel has competed fairly and lawfully. Its actions have benefitted consumers. The highly competitive microprocessor industry, of which Intel is a key part, has kept innovation robust and prices declining at a faster rate than any other industry. The FTC's case is misguided. It is based largely on claims that the FTC added at the last minute and has not investigated. In addition, it is explicitly not based on existing law but is instead intended to make new rules for regulating business conduct. These new rules would harm consumers by reducing innovation and raising prices."
Intel senior vice president and general counsel Doug Melamed added, "This case could have, and should have, been settled. Settlement talks had progressed very far but stalled when the FTC insisted on unprecedented remedies – including the restrictions on lawful price competition and enforcement of intellectual property rights set forth in the complaint -- that would make it impossible for Intel to conduct business."
"The FTC's rush to file this case will cost taxpayers tens of millions of dollars to litigate issues that the FTC has not fully investigated. It is the normal practice of antitrust enforcement agencies to investigate the facts before filing suit. The Commission did not do that in this case," said Melamed.

AMD: Thank you.
FTC: CAN I HAS PIE TOO?!
"Boohoo. We didn't screw AMD over when their processors were better than ours (aaah, the pre Core 2 Duo years).
It will cost the taxpayers millions of dollars WE could have extorted from them with a new netburst-like ripoff.
Competition is bad, the FTC sucks, the consumers' interest (and my houses in the Caribbean) are clearly better served by an Intel Monopoly."
Stay tuned for rebuttal from FTC
"Boohoo. We didn't screw AMD over when their processors were better than ours (aaah, the pre Core 2 Duo years).
It will cost the taxpayers millions of dollars WE could have extorted from them with a new netburst-like ripoff.
Competition is bad, the FTC sucks, the consumers' interest (and my houses in the Caribbean) are clearly better served by an Intel Monopoly."
AMD: Thank you.
FTC: CAN I HAS PIE TOO?!
Competition breeds innovation--monopolies stagnate technological growth.
Intel is dead on. The FTC is trying to crate new laws with this lawsuit. But who can Intel turn to to defend them? This is what the Obama administration wants: More American companies becoming dependent upon the government.
in my opinion, until they are not forcing others to do shit, they can innovate then sell their products at any price they want, it's not their fault, it's the others that cannot compete.
I hope ftc's case drops.
There's no such thing as spellcheck in TH news.
This is a sad day for Intel fanboys everywhere. Too bad. =)
NYTimes has a more informative article regarding this lawsuit than TH bloggers (big surprise)
Then I recommend all Tom's writers to use Fire Fox which has a built in spell checker.
Also, though I think there is something to the claims, Intel is right in that the prices of processors are at an amazing low for amazing performance. In both the CPU and GPU world we have price to performance ratios totally unheard of in the PC industry.
A price range of $250 to $1000 for what is an identical CPU with just a higher multiplier? Clearly the $250 part has a decent margin, what's the margin on the $1000 part, since we know it didn't cost any more to make?
Sounds about right. FTC didn't earn nor deserve pie.