Intel: FTC antitrust lawsuit 'misguided'

Intel has responded to a graphics chip antitrust lawsuit filed by the U.S. Federal Trade Commission, calling the action "misguided" and ill-researched.

One of the principal claims in the FTC complaint, filed Wednesday, concerns Intel's practices in the market for graphics processing units (GPUs). The company responded by arguing that the U.S. regulator's charges about that market were added as an afterthought.

"The FTC's case is misguided. It is based largely on claims that the FTC added at the last minute and has not investigated," the chipmaker said in a statement on Wednesday. "Intel has competed fairly and lawfully. Its actions have benefitted consumers."

The company said it had progressed "very far" in talks to settle the case, rather than bring it to court. However, the FTC had asked for remedies that would have made it "impossible" for Intel to conduct business, according to the chipmaker.

"This case could have, and should have, been settled," said Intel senior vice president and general counsel Doug Melamed in a statement. "The FTC's rush to file this case will cost taxpayers tens of millions of dollars."

Read more of "Intel: FTC antitrust lawsuit is 'misguided'" at ZDNet UK.