FTC opens antitrust investigation into Intel

WASHINGTON, D.C. - The U.S. Federal Trade Commission has opened an antitrust investigation into chip maker Intel, the agency and Intel said Friday.

(Read more information on why Intel is under fire for antitrust allegations.)  

Intel said the FTC served a subpoena on the company Wednesday. The company will work cooperatively with the FTC to provide information, as it has since 2006, when the FTC began an informal inquiry, Intel said in a statement.

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WASHINGTON, D.C. - The U.S. Federal Trade Commission has opened an antitrust investigation into chip maker Intel, the agency and Intel said Friday.

(Read more information on why Intel is under fire for antitrust allegations.)  

Intel said the FTC served a subpoena on the company Wednesday. The company will work cooperatively with the FTC to provide information, as it has since 2006, when the FTC began an informal inquiry, Intel said in a statement.

"The company believes its business practices are well within U.S. law," Intel said in its statement. "The evidence that this industry is fiercely competitive and working is compelling."

The IDG News Service is a Network World affiliate.