[93131] in Cypherpunks
FTC ok's Intel buy of C&T [CNN]
daemon@ATHENA.MIT.EDU (Jim Choate)
Tue Jan 13 12:49:40 1998
From: Jim Choate <ravage@ssz.com>
To: cypherpunks@ssz.com (Cypherpunks Distributed Remailer)
Date: Tue, 13 Jan 1998 11:44:35 -0600 (CST)
Cc: austin-cpunks@ssz.com (Austin Cypherpunks)
Reply-To: Jim Choate <ravage@ssz.com>
Forwarded message:
> January 13, 1998: 10:56 a.m. ET
>
> NEW YORK (CNNfn) - The U.S. Federal Trade Commission said Tuesday it
> would no longer try to hold up Intel Corp.'s $420 million acquisition
> of Chips and Technologies Inc.
> [INLINE] The FTC did say, however, that it would continue to
> investigate the merger as part of its more extensive look into Intel's
> operations. Earlier, the FTC had sought a preliminary injunction to
> halt the merger.
> [INLINE] The FTC was apparently concerned that Intel would gain an
> even larger market share of the chip market with the acquisition of
> Chips and Technologies, a leading laptop computer semiconductor firm.
> [INLINE] The FTC has been eyeing Intel carefully because it believes
> that Intel's strong chip business, estimated to control more than 80
> percent of the world's market, could raise antitrust concerns.
[text deleted]
____________________________________________________________________
| |
| Those who make peaceful revolution impossible will make |
| violent revolution inevitable. |
| |
| John F. Kennedy |
| |
| |
| _____ The Armadillo Group |
| ,::////;::-. Austin, Tx. USA |
| /:'///// ``::>/|/ http://www.ssz.com/ |
| .', |||| `/( e\ |
| -====~~mm-'`-```-mm --'- Jim Choate |
| ravage@ssz.com |
| 512-451-7087 |
|____________________________________________________________________|
