|By Maureen O'Gara||
|December 16, 2009 10:40 AM EST||
The Federal Trade Commission Wednesday morning charged Intel with illegally using its dominant market position for the last decade to stifle competition and strengthen its monopoly.
The US regulator claims Intel has waged a systematic campaign to shut out AMD’s rival processors by cutting off its access to the market. In the process, it says, consumers have been deprived of choice, potentially superior chips and lower prices.
According to the FTC’s administrative complaint, Intel’s anticompetitive tactics were designed to put the brakes on superior competitive products that threatened its monopoly.
In a harshly worded statement Richard Feinstein, director of the FTC’s Bureau of Competition said, “Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly. It’s been running roughshod over the principles of fair play and the laws protecting competition on the merits. The Commission’s action today seeks to remedy the damage that Intel has done to competition, innovation, and, ultimately, the American consumer.”
Intel said it would have nothing to say until its lawyers had read the complaint but may whistle up a press conference later today.
Echoing the European Commission’s antitrust findings on Intel last May – which cost the company an historic $1.45 billion fine – the FTC’s complaint charges Intel with using threats and rewards to coerce box makers such as Dell, HP and IBM not to buy AMD MPUs. The agency labeled the practice “exclusive or restrictive dealing.”
The FTC also added another wrinkle. It claims Intel secretly tweaked its compiler to stunt the performance of AMD’s chips. It says Intel then told its customers and the public that software performed better on its chips, but deceived them by failing to disclose that the differences were due largely or entirely to its compiler design.
The complaint argues that Intel used its unfair advantage to catch up to AMD technically but now finds itself falling behind in GPUs, which lessen the need for CPUs and so threaten Intel’s monopoly.
The FTC claims Intel has embarked on a similar anticompetitive strategy to preserve its CPU monopoly by smothering potential competition from GPU chips such as Nvidia’s and that there’s a “dangerous probability” that Intel could extend its monopoly to the GPU market.
The agency is charging Intel with violating Section 5 of the FTC Act including illegal monopolization, attempted monopolization and monopoly maintenance. It explained that “unlike an antitrust violation, a violation of Section 5 cannot be used to establish liability for plaintiffs to seek triple damages in private litigation against the same defendant.”
AMD recently dropped its massive antitrust suit against Intel, which was scheduled to go to trial in March, but New York’s State Attorney General Andrew Cuomo lodged one of his own that is practically a replay of all of AMD’s allegations.
The FTC case, which now goes to an administrative law judge, won’t be heard until September 8, 2010.
The Commission vote approving the administrative complaint was 3-0, with Commissioner William E. Kovacic recused, and Commissioner J. Thomas Rosch issuing a separate statement in which he concurred in part and dissented in part from the vote.
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from hardware to software, or as we like to say, it’s an Internet of many different things. The difference ...
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An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...
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ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...
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Nov. 21, 2014 08:00 PM EST Reads: 1,316
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
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Nov. 21, 2014 07:00 PM EST Reads: 1,192
Focused on this fast-growing market’s needs, Vitesse Semiconductor Corporation (Nasdaq: VTSS), a leading provider of IC solutions to advance "Ethernet Everywhere" in Carrier, Enterprise and Internet of Things (IoT) networks, introduced its IStaX™ software (VSC6815SDK), a robust protocol stack to simplify deployment and management of Industrial-IoT network applications such as Industrial Ethernet switching, surveillance, video distribution, LCD signage, intelligent sensors, and metering equipment. Leveraging technologies proven in the Carrier and Enterprise markets, IStaX is designed to work ac...
Nov. 20, 2014 09:15 PM EST Reads: 1,305
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Nov. 20, 2014 07:30 PM EST Reads: 1,482
C-Labs LLC, a leading provider of remote and mobile access for the Internet of Things (IoT), announced the appointment of John Traynor to the position of chief operating officer. Previously a strategic advisor to the firm, Mr. Traynor will now oversee sales, marketing, finance, and operations. Mr. Traynor is based out of the C-Labs office in Redmond, Washington. He reports to Chris Muench, Chief Executive Officer. Mr. Traynor brings valuable business leadership and technology industry expertise to C-Labs. With over 30 years' experience in the high-tech sector, John Traynor has held numerous...
Nov. 20, 2014 06:00 PM EST Reads: 1,259
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
Nov. 20, 2014 04:45 PM EST Reads: 1,031
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Nov. 20, 2014 01:00 PM EST Reads: 1,492
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergence of Big Data a...
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SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
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IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
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Nov. 13, 2014 05:00 AM EST Reads: 3,518