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FTC Slaps Subpoena On Intel

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FTC Slaps Subpoena On Intel

 CBS News Interactive: Inventing History

SANTA CLARA, Calif. (AP) ― Intel says it has received a subpoena from the Federal Trade Commission concerning its practices in the microprocessor market.

The No. 1 processor maker has been cooperating with the FTC since 2006 on an informal inquiry into competition in the microprocessor market. Santa Clara, Calif.-based Intel Corp. says it will comply with the subpoena received Wednesday.

Intel says it believes its business practices are legal.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)