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Intel Receives FTC Subpoena, Slaps AMD

 

Intel today said that it has received a subpoena related to its business practices "with respect to competition in the microprocessor market" from the Federal Trade Commission (FTC). The company said that it has been working with the FTC since 2006 and has provided "a considerable amount of information and thousands of documents" since then and will continue to "work cooperatively with the FTC staff."

Intel said that it believes that its business practices are "well within" U.S. law.

Intel could not help sideswiping AMD in its statement stating that "this industry is fiercely competitive and working is compelling" and that the market will reward companies when they "perform and execute." If "they falter and under-perform the market responds accordingly," the manufacturer noted.