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

To: Gary Ng who wrote (81991)	5/28/1999 9:30:00 PM
From: Paul Engel	Read Replies (2) \| Respond to of 186894

Gary & Intel Investors - A "private" AntiTrust Law Suit filed against Intel. Some company got ACED-OUT with a proprietary connector and is suing Intel because it supported the USB connector ! Paul {=============================} 05/28 3:28P (DJ) Peripherals Maker Files Antitrust Lawsuit Against Intel Story 0769 (INTC-D, INTC, I/SEM, N/DJN, N/DJS, N/DJWI, N/LWS, N/TEC...) NEW YORK (Dow Jones)- Multivideo Labs Inc., a small maker of gear that links computers and peripherals, Friday filed an antitrust lawsuit against Intel Corp., alleging the giant chip maker used its influence in a technology standards group to keep one of Multivideo's products from gaining market acceptance. Princeton, N.J.-based Multivideo is seeking at least $40 million in damages from Intel in the suit filed in federal court in Manhattan. That amount could be tripled if the court finds Intel violated antitrust laws. The suit concerns Multivideo's "active extension cable," a connector to link peripherals to PCs that the company says is simpler and less expensive to use than competing products. The company claims the cable, which uses its own, self-designed chip, is an improvement on the Universal Serial Bus, or USB, hub, itself a relatively new way to allow connections to PCs of multiple peripherals like printers, monitors and video cameras. The product puts Multivideo Labs in direct competition with Intel, which dominates the market in chips for the USB hub. Demand for Multivideo's connector, and hence for the chips, has come at the expense of Intel's chip, Multivideo claims. The firm alleges that Intel used its role in an industry forum to throw up "barriers" to keep potential distributors from handling the Multivideo product. The forum, the Universal Serial Bus Implementers Forum, sets engineering standards for USB-compliant peripherals. Intel, through the forum, has said the Multivideo product doesn't comply with the forum's specifications and has implied the product doesn't work with USB, the suit alleges. Multivideo contends its product can be run effectively with USB. As a result of Intel's alleged efforts, distributors are hesitant to carry Multivideo Labs' products, according to the suit. "Intel is a monopolist, and by being able to promote the hub solution through the (forum) is poised to extend its monopoly over interconnect products," the suit alleges. Earlier this year, Intel reached an agreement with the Federal Trade Commission to settle allegations that it had abused its market power when it cut off access to advance information about its chips to three customers engaged in patent disputes with Intel. Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved. Additional Codes (N/TST, N/WEI, M/TEC, P/DCO, P/DCZ, P/DEX, P/DSE, R/CA, R/NME, R/PRM, R/US, R/USW)