Intel settles charges it stifled rivals

  @ibtimes on

The Federal Trade Commission said Intel Corp has agreed to stop using threats and bundled prices to hamper competition, as part of a settlement of charges that the world's largest chip maker illegally abused market dominance.

The FTC said Intel has agreed to let makers of complementary products access to its central processing units for the next six years.

The deal bars Intel from retaliating against computer makers if they do business with non-Intel suppliers.

Intel makes 80 percent of the world's microprocessors.

(Reporting by Kim Dixon; editing by John Wallace)

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