Cumo’s action follows after earlier this week Intel announced that it had responded to the European Commission’s antitrust charges and that it would also seek a hearing.
The world’s most popular chip maker’s legal problems with the EU started back in July 2007, when the European Commission charged Intel with slashing prices below cost and offering huge rebates in an allegedly illegal attempt to drive Advanced Micro Devices, its everlasting rival, out of the market.
Now, New York AG said in statement that is office
"served a wide-ranging subpoena seeking documents and information on Intel
Corporation" in the investigation into "whether Intel violated state
and federal antitrust laws."
"After careful preliminary review, we have determined
that questions raised about Intel's potential anticompetitive conduct warrant a
full and factual investigation," said Cuomo.
"Our investigation is focused on determining whether
Intel has improperly used monopoly power to exclude competitors or stifle
innovation. We will also look at whether Intel abused its power to remove
competitive threats or harm competition in violation of
Three years ago, in 2005, the Japan Fair Trade Commission
(JFTC) has been investigating Intel’s approach to business in