FTC extends deadline on Intel anti-trust decision

The US Federal Trade Commission has extended the deadline it had imposed on Intel for settling the agency’s antitrust lawsuit.

Rumours were rife that the chipmaker had made a deal to make the FTC go away, but it is suspected that these came from the FTC itself. Intel is apparently a bit more aloof about it.

The FTC suspended its legal proceedings against Intel on June 21 so both sides could consider a proposed deal and they had until 12:01 am yesterday to agree.

If they didn’t,  the case would head for a September trial. The extension pushes the deal date to 12:01 a.m. August 6.

Earlier this week, an  Intel representative told us that he was surprised that news had come out saying that the two sides were close to a deal. He refused to comment on the matter.

The lawsuit is about FTC claims that Intel was engaged in an international scheme to hinder chip sales by AMD and Nvidia.

Intel has denied wrongdoing although it was fined $1.45 billion by the European Commission in May last year and agreed a few months later to pay off AMD by writing a cheque for $1.25 billion.