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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%Nov 20 3:59 PM EST

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To: Diamond Jim who wrote (65103)9/18/1998 6:46:00 PM
From: Paul Engel  Read Replies (4) of 186894
 
Jim and Intel Does Anybody Think that These Two Articels are NOT RELATED ?

1. Intel is "planning" a factory in Utah - asking for concessions

2. Senator Orin Hatch, Rep. from Utah, is telling the FTC to lighten up on Intel.

Politics in its finest form !

Paul

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dailynews.yahoo.com

Intel Likely To Get State Help - (SALT LAKE CITY) -- Intel is asking Utah for six-Million dollars in assistance funds to help build a computer chip plant in Riverton... and they will most likely get it. Community and Economic Development Director Dave Winder... says a state board is meeting today to discuss the request. If Intel gets
the money... it must promise to bring a certain number of jobs to the state. If is does NOT... it must pay back the money with interest. Even if Intel gets the money... it is not a guarantee it will pick Utah as the site for its new
plant.

{===================================}
dailynews.yahoo.com

Friday September 18 10:10 AM EDT

Hatch Advises FTC To Be Careful On Intel Case

WASHINGTON (Reuters) - Senate Judiciary Chairman Orrin Hatch said that the Federal Trade Commission needs to be ''careful'' as it pursues Intel Corp. (INTC - news) for alleged violations of antitrust law. Hatch, a Utah Republican, dwelled mostly on potential violations of antitrust law by Microsoft Corp. (MSFT - news) in a speech
to a conference sponsored by Summit Magazine. Hatch has been a strong defender of the Justice Department's pursuit of Microsoft for alleged violations of antitrust law.

But he took a different tack on Intel Corp., the world's largest producer of microprocessors for personal computers. Most personal computers use Microsoft's software and Intel's chips. Hatch said that there is a tension between intellectual property rights and antitrust law which is ''at the heart of the FTC's current Intel case.''

On June 8 the FTC alleged that Intel had violated antitrust law by denying three of its customers -- Digit al Equipment Corp., Intergraph Corp (INGR - news) and Compaq Computer Corp (CPQ - news) -- technical
information they needed to develop computer systems based on Intel microprocessors.

The FTC alleged that when the three tried to enforce their patents, Intel ''retaliated by cutting off the n ecessary technical information and threatening to cut off the supply of microprocessors.'' The FTC said Intel h olds a monopoly on microprocessors for PCs, while Intel said it does not.

Hatch cautioned that the ''FTC and antitrust enforcers generally should be rather certain that any effort t o enforce intellectual property rights both is intended to and actually will injure competition in a significa nt way, before concluding that it represents monopolistic behavior.''

The Intel case is set to be heard before an administrative law judge early next year.

An FTC spokeswoman had no comments on Hatch's remarks.

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