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Technology Stocks : Intel Corporation (INTC)
INTC 33.74-3.9%3:26 PM EST

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To: Scumbria who wrote (74480)2/25/1999 11:13:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
scAMDria - Re: "The FTC will be watching Intel's actions very carefully."

Oh..they are !

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02/25 11:47A (DJ)

Former FTC Official Says Antitrust Case Against Intel Is 'Fragile'

Story 0593 (INTC-D, INTC, I/SEM, G/FTC, N/LWS, N/TEC, N/TST, N/WEI, M/TEC...) NEW YORK -(Dow Jones)- William Kovacic, a former Federal Trade Commission official and now a law professor at George Washington University, said the government's antitrust case against Intel Corp. is "fragile" and "prone to destruct on key matters of fact," the New York Times reported Thursday. The FTC last June alleged that Intel threatened customers Intergraph, Digital Equipment Corp. and Compaq Computer Corp. by withdrawing technical information and chip prototypes during legal disputes. The agency said Intel's (INTC) tactics violated antitrust law because Intel has a monopoly on the microprocessors that serve as the brains of personal computers. In response, Intel conceded withdrawing the information and chips samples from the companies, which were involved in patent litigation affecting the semiconductor giant. But Intel has denied it has a monopoly in the microprocessor market and has disputed the FTC's contention that its prototypes and advanced product information are "essential facilities," or resources that customers must have access to in order to stay in business. Santa Clara, Calif.-based Intel last year filed court papers indicating that it will lean on interpretations of law, rather than facts, to dispute the antitrust allegations. (The full text of this story is available in Dow Jones Interactive. To retrieve it using the software, search in Current News. On the Web, use the

New York Times in Business Newsstand. Additional Codes (P/DCO, P/DCZ, P/DEX, P/DSE, P/DWV, P/SKB, R/CA, R/NME, R/PRM, R/US, R/USW)

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Paul
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