Intel faces antitrust lawsuit from FTC

In this April 14, 2008 file picture, an Intel sign is shown in front of Intel Corp. headquarters in Santa Clara, Calif. The Federal Trade Commission on Wednesday is suing Intel Corp., the world's biggest chip maker, accusing the company of using its size to snuff out competition. Photo: AP.

The Federal Trade Commission is suing Intel Corp., accusing the world’s biggest chip maker of using its size to snuff out competition.

The FTC says Intel, which makes the microprocessors that run personal computers, has shut rivals out of the marketplace. In the process, the FTC says Intel has deprived consumers of choice and stifled innovation in the chip industry.

Intel has faced similar charges for years and has denied any wrongdoing. The lawsuit comes after a recent $1.25 billion settlement with rival Advanced Micro Devices Inc. over similar claims.

Intel, which is based in Santa Clara, California, is also appealing a record $1.45 billion antitrust fine levelled by European regulators.