The US FTC settles the first significant antitrust enforcement action brought under section 5 of the FTC Act (Intel)

On August 4, 2010, the Federal Trade Commission (FTC) announced that it entered into an agreement with Intel Corporation to resolve a much-hyped administrative complaint filed on December 16, 2009. The FTC’s complaint against Intel was filed under Section 5 of the FTC Act, shortly after the FTC touted Section 5 as a “critical tool” in antitrust enforcement despite it lying relatively dormant for nearly 30 years. [1] The FTC’s complaint alleged that Intel violated Section 5 by engaging in certain acts that thwarted competition and prevented the adoption of non-Intel products in certain markets for central processing units (CPUs) and graphics processing units (GPUs). The FTC’s action follows the European Commission fining Intel approximately $1.45 billion in May of last year for similar

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Authors

  • Skadden, Arps, Slate, Meagher & Flom (Washington DC)
  • Skadden, Arps, Slate, Meagher & Flom (Palo Alto)

Quotation

Steven C. Sunshine, Alec Y. Chang, The US FTC settles the first significant antitrust enforcement action brought under section 5 of the FTC Act (Intel), 4 August 2010, e-Competitions Buyer power in agreements and abuse of market power, Art. N° 45410

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