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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (56689)	6/2/1998 5:21:00 PM
From: Maverick	Respond to of 186894

A top federal regulator has formally recommended n antitrust suit against INTC on grounds that it unfairly exploits industry competitors, according to a published report. cbs.marketwatch.com

To: Paul Engel who wrote (56689)	6/2/1998 5:26:00 PM
From: Maverick	Respond to of 186894

Commission's top litigator recommends antitrust suit against INTC June 2, 1998: 2:41 p.m. ET Intel aims for more segments of chip market - May 21, 1998 Intel may face government antitrust suits - April 28, 1998 Intel Corp. Intergraph Corp. Advanced Micro Devices Federal Trade Commission More related sites... NEW YORK (CNNfn) - The Federal Trade Commission's top litigator has recommended that the commission sue Intel Corp. for alleged antitrust violations, sources familiar with the case said Tuesday. The recommendation by FTC competition chief William Baer opens the way for an antitrust suit against the world's largest chip maker, the sources said. A source said the commissioners are likely to vote on the recommendation early next week. The FTC has argued Intel illegally used its monopoly power by arbitrarily cutting off technical information to competitors, preventing those companies from shipping their products on time. Neither the FTC nor Intel would comment on the recommendation. Intel and the FTC have been in talks for about 10 weeks, during which time Intel has presented its case to the FTC's commissioners as well as Baer. The FTC has handled the case because the Justice Department's antitrust division is tied up with its suit against Microsoft Corp. News of the action had no adverse effect on Intel (INTC) shares, which were up 1-1/16 to 69-1/16 in afternoon trading.