To: Paul Engel who wrote (65044 ) 9/18/1998 2:03:00 AM From: Paul Engel Respond to of 186894
Intel Investors - Intel gets some Support from Orin Hatch in the FTC Action. This comes as a pleasant surprise ! Paul {===============================}news.com Hatch warns FTC on Intel By Reuters Special to CNET News.com September 17, 1998, 3:35 p.m. PT Senate Judiciary Chairman Orrin Hatch said today that the Federal Trade Commission needs to be "careful" as it pursues Intel for alleged violations of antitrust law. Hatch, a Utah Republican, dwelled mostly on potential violations of antitrust law by Microsoft 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. He said 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--Digital Equipment, Intergraph, and Compaq Computer--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 necessary technical information and threatening to cut off the supply of microprocessors." The FTC said Intel holds 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 to enforce intellectual property rights both is intended to and actually will injure competition in a significant 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. Intel is an investor in CNET: The Computer Network. Story Copyright c 1997 Reuters Limited. All rights reserved.