WASHINGTON D.C. - Today, the Federal Trade Commission brought an administrative complaint against Intel accusing the company of anticompetitive practices. The following statement can be attributed to Ken Ferree, Senior Fellow at The Progress & Freedom Foundation:
I really expected much better of this administration. No serious antitrust theory supports the FTC's action, which appears to take Intel to task for competing ferociously in a market that is ferociously competitive. If this ever ends up before a federal court, I'm sure the FTC's efforts will be exposed for what they are - an attempt to make headlines rather than good law.
The Progress & Freedom Foundation is a market-oriented think tank that studies the digital revolution and its implications for public policy. It is a 501(c)(3) research & educational organization.