Intel to accepts JFTC recommendation

Electronic News reports:

“Intel respectfully disagrees with the allegations contained in the recommendation, but in order to continue to focus on the needs of customers and consumers, and continue to provide them with the best products and service, we have decided to accept the recommendation,” said Bruce Sewell, VP and general counsel for Intel, in the statement. . .

The JFTC (Japan Fair Trade Commission) (JFTC) recommendation found that Intel abused its monopoly power to exclude fair and open competition, thereby violating Section 3 of Japan’s Antimonopoly Act, which reveal that Intel used illegal tactics to stop AMD’s increasing market share by imposing limitations on Japanese PC manufacturers, AMD reminded.

Specifically, the JFTC found that some manufacturers were required to buy 100 percent of their CPUs from Intel while another manufacturer was forced to curtail its non-Intel purchases to 10 percent or less.

Read the Electronic News story here.