Intel, FTC File Motion to Suspend Administrative Trial Proceedings
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Intel and the FTC have announced that they have filed a motion to suspend administrative trial proceedings. This means that potential settlement could be in the works to settle things with the U.S. Federal trade Commission.
Lawyers for the Federal Trade Commission (FTC) and Intel Corporation today filed a joint motion to suspend administrative trial proceedings while the parties consider potential settlement of the case originally filed by the FTC on Dec. 16, 2009. The motion opens a window through July 22, 2010, during which time the parties will review and discuss a proposed consent order. The terms of the proposed consent order are confidential and Intel will make no additional public comment on the matter at this time.
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