U.S. regulators are out busting chops lately. Just last week, Dell's allegedly unorthodox dealings with Intel led to a $100-million settlement with the Securities and Exchange Commission. Now, it's the Federal Trade Commission's turn to inflict punishment—this time on Intel. The chipmaker has reached a "tentative settlement" with the FTC that requires a number of changes to its business practices.
The legalese in the settlement terms (PDF) is a little tough to wade through, but from my understanding, a few things stand out:
That's a doozy. Just like Dell with the SEC, however, Intel was able to reach this tentative settlement with the FTC without officially admitting guilt. (I'm sure Intel wrote that $1.25 billion check to AMD out of the kindness of its heart, too.)
According to Intel's press release, the FTC settlement terms are "subject to a 30 day public comment period and final approval by the Commission."
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