Intel Could Be on the Hot Seat (Again)

Tech trust-busting is back in vogue in Washington, and the timing couldn’t be worse for chipmaker Intel, says my colleague Aaron Ricadela.

Writes Ricadela: “In a May 11 speech in Washington, D.C., Assistant Attorney General Christine Varney announced a return to “vigorous antitrust enforcement action” by the Justice Dept. The government will “take a new tack” toward redressing monopolistic practices and wield active antitrust enforcement in response to the “economic distress” that can result from uncompetitive markets, Varney told an audience at the Center for American Progress, a liberal policy research group. She also warned courts and parties to lawsuits against invoking the antitrust policies of the Bush Administration, which has been seen as softer than the Clinton Administration in going after allegations of anticompetitive behavior.”

Check out the most-read story on BW.com today.

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3 Responses to “Intel Could Be on the Hot Seat (Again)”

  1. Bob Says:

    “I’m with the Government and I’m here to help”. Not sure how much more of this we can afford.. Let’s see where this goes – 1) anyone succesful must be cheating, 2) we need to review venture capitalist for system risk to the economy, 3) our most successful international companies must be doing something wrong, 4) we need to severly limit the number of PhDs trying to immigrate to the US, 5) contract law is subject to intrepretation by the Government – at is convenieice, and 6) my personal favorite -if you and your industry can’t compete – the Government will bail you out.

  2. Spencer Ante Says:

    I hear you Bob. You don’t want the government punishing successful companies. The question is: is that success being fairly won?

    I don’t know the answer. But a growing number of courts are ruling that Intel is not playing fair. It will be interesting to see how the FTC handles this case, given their intention to ramp up anti-trust enforcement

    • Bob Says:

      Agree on INTEL Spencer. My concern is when the government picks an exemplar and uses that as a pretext to declare a need for regulatory intrusion across a broad sector of the economy. I would have more confidence if the government could demonstrate an ability to managed what they already have on their plate..

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