Last Thursday the state of New York delivered subpoenas to officials at Intel, adding another bit of snow to the ball that was already rolling downhill.
From a story at CIO Today
“Our investigation is focused on determining whether Intel has improperly used monopoly power to exclude competitors or stifle innovation,” said New York Attorney General Andrew Cuomo. “We will also look at whether Intel abused its power to remove competitive threats or harm competition in violation of New York and federal antitrust laws.”
New York has said that its initial investigation has revealed sufficient evidence to launch a full probe, according to the report.
You’ll recall that the company is facing similar suits in Europe, Japan, Korea, and other countries around the world. Apparently US regulators aren’t keen on a full investigation at the federal level, but are under increasing pressure.
In August, Sen. Charles Schumer and Rep. Kirsten Gillibrand asked the Federal Trade Commission to investigate the company. A letter to the FTC from the New York Democrats said: “If the allegations against Intel are true, the potential harm to consumers could be profound.”
The BBC’s Business Daily on January 10 (about 18 minutes into the show) included an interview with Intel’s Chuck Mulloy. In that interview Mulloy stated flatly that AMD is behind all of these actions, working regulators behind the scenes, and that all the suits are without merit.