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Intel settles charges it stifled rivals

Intel has agreed to stop using threats and bundled prices to hamper competition, as part of a settlement of charges that it illegally abused market dominance.
/ Source: Reuters

The U.S. 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.

Intel has been under attack from rival chip makers for years over its aggressive pricing and sales tactics.

Urged on by Intel archrival Advanced Micro Devices and graphics chipmaker Nvidia Corp, the FTC in December accused Intel of illegally using its market dominance to stifle competition.

In its complaint, the FTC said Intel had been trying to shut out competitors in maneuvers that dated to 1999 -- the same year the agency settled a previous antitrust fight with the compa