Why Is Intel Keen To Settle?
Having gone mano a mano with foreign regulators, Intel now seems very keen to get its get its US-based regulatory issues settled without any official judgment.
While being investigated by anti-trust regulators in Korea, Japan and Europe, Intel responded strongly and fought its case aggressively.
In America, it’s a different story.
Last November, Intel settled the anti-trust case brought against it by AMD handing over $1.25 billion to get the suit dropped.
Last week Intel and the FTC announced they were talking about settling the anti-trust proceedings against Intel being brought by the FTC.
That just leaves the anti-trust suit brought by the Attorney-General of New York.
The good thing for defendants about settling cases is that the evidence collected by the prosecution is not revealed.
Has the FTC got Intel banged to rights?
We may never know.
While one’s image may not be tarnished by the findings of foreign regulators which can be dismissed as anti-American tittle-tattle, when Uncle Sam says you’ve been a bad boy, one’s domestic image takes a knock.
Intel wouldn’t like that. Intel presents itself as an innovator, not a market manipulator.
So the chances are that the FTC case will settle, New York will settle, and the great American public will be none the wiser about what has been going on in the computer market.
TOMORROW MORNING: The Ten Countries Most Likely To DefaultTags: tomorrow morning