FTC sues Intel for competition tactics

The Federal Trade Commission (FTC) sued Intel Wednesday on charges that the chip-maker has illegally used its "dominant market position for a decade to stifle competition and strengthen its monopoly."

The FTC also said Intel has "waged a systematic campaign to shut out rivals' competing microchips by cutting off their access to the marketplace. In the process, Intel deprived consumers of choice and innovation."

In May, the European Commission fined Intel 1.06 billion euros (or $1.45 billion) for abusing its dominance in the computer chip market.

Last month, New York Attorney General Andrew M. Cuomo filed a lawsuit against Intel for similar allegations, saying Intel engaged in activities that would stop computer makers from using competitor AMD's chips.

Also last month, Intel and AMD settled a long-running legal dispute over competition and patent licensing. Intel agreed to pay AMD $1.25 billion to drop multiple lawsuits.

The FTC is seeking an order that would prevent Intel from using threats, bundled prices or other offers to encourage exclusive deals and hamper competition.