Most of you probably aren't aware of this because of the usual news media coverups, but one of the many corruption and antitrust investigations by the Democrats is progressing against Intel.
Last October Senator Charles Schumer (D, NY) publically asked the FTC to investigate Intel's conduct saying that "Intel used its market dominance in both US markets and those abroad as leverage to make exclusivity deals with some of its principal customers -- deals for purchasing Intel's CPUs only and excluding all of AMD's."
As usual the FTC of our current government refused to comply with the request:
Senator Schumer's statement:
"Antitrust investigations into Intel are springing up everywhere except Washington," reads the Senator's statement this afternoon. "It's high time the FTC woke up and started looking into practices that are harming American consumers and technological innovation. The FTC needs to stop looking the other way on Intel and start getting serious about enforcing antitrust law. The FTC is moving at a megahertz pace, in a gigahertz world."
Attorney General of New York Andrew Cuomo (D) issued a subpoena:
Beta News
"Protecting fair and open competition in the microprocessor market is critical to New York, the United States, and the world," wrote Cuomo. "Businesses and consumers everywhere should have the ability to easily choose the best products at the best price and only fair competition can guarantee it. Monopolistic practices are a serious concern particularly for New Yorkers who are navigating an information-intensive economy."
Later, he stated without any reservation that his investigation will determine whether Intel was in violation of both state and federal antitrust law, in a clear implication that federal authorities were either unwilling or incapable of investigating the matter on their own"
John
Last October Senator Charles Schumer (D, NY) publically asked the FTC to investigate Intel's conduct saying that "Intel used its market dominance in both US markets and those abroad as leverage to make exclusivity deals with some of its principal customers -- deals for purchasing Intel's CPUs only and excluding all of AMD's."
As usual the FTC of our current government refused to comply with the request:
Senator Schumer's statement:
"Antitrust investigations into Intel are springing up everywhere except Washington," reads the Senator's statement this afternoon. "It's high time the FTC woke up and started looking into practices that are harming American consumers and technological innovation. The FTC needs to stop looking the other way on Intel and start getting serious about enforcing antitrust law. The FTC is moving at a megahertz pace, in a gigahertz world."
Attorney General of New York Andrew Cuomo (D) issued a subpoena:
Beta News
"Protecting fair and open competition in the microprocessor market is critical to New York, the United States, and the world," wrote Cuomo. "Businesses and consumers everywhere should have the ability to easily choose the best products at the best price and only fair competition can guarantee it. Monopolistic practices are a serious concern particularly for New Yorkers who are navigating an information-intensive economy."
Later, he stated without any reservation that his investigation will determine whether Intel was in violation of both state and federal antitrust law, in a clear implication that federal authorities were either unwilling or incapable of investigating the matter on their own"
John