Intel acknowledges new step in US antitrust probe

0 Comments | AFP, June, 2008

WASHINGTON (AFP) — Computer chip titan Intel Corp. said Friday it had received a subpoena this week from US antitrust regulators after a two-year informal review on "competition in the microprocessor market."

The announcement increases the likelihood of formal antitrust charges against the world's biggest chipmaker.

In a statement, the California company said it had received a subpoena on Wednesday from the Federal Trade Commission as part of its review.

"Since 2006 Intel has been working closely with the FTC on an informal inquiry into competition in the microprocessor market and has provided the commission staff with a considerable amount of information and thousands of documents," the statement said.

"By proceeding to a subpoena, the Commission...