Intel (INTC) To Settle Antitrust Suit With FTC

Intel (INTC) is close to settling a long-running antitrust suit with the US Federal Trade Commission, bringing to a close a legal battle that has dogged the world’s largest chipmaker for more than 10 years. The settlement will include concessions on its business practices, according to a person familiar with the deal but will not include fines because the FTC does not have the authority to issue civil penalties – The FT