Settlement

[rlande@UBmail.ubalt.edu]

For Release: March 8, 1999
FTC Staff and Intel Reach Proposed Settlement of Litigation

Federal Trade Commission lawyers and the Intel Corporation today jointly filed
a motion with the Commission's Secretary withdrawing from adjudication the
FTC's case against Intel. The parties submitted the motion to allow the
Commission time to consider a proposed settlement agreed to this weekend by
FTC Complaint Counsel and Intel. Commission charges against Intel were
announced on June 8, 1998.

The following is a statement by William J. Baer, Director of the FTC's Bureau
of Competition:

"If approved by the Commission, the proposed settlement being recommended by
Complaint Counsel and Intel would resolve the allegations contained in the
Commission's complaint issued on June 8. There are remaining issues under
investigation by the Commission. The Commission's staff is committed to
working expeditiously to resolve those concerns."

Under Commission rules a proposed consent agreement accompanied by a motion to
withdraw a matter from adjudication stays all proceedings before the
Administrative Law Judge so that the Commission can consider the proposed
settlement. Complaint Counsel expects to submit the recommended settlement,
along with explanatory materials, to the Commission within a matter of days.
During Commission review of the proposed settlement, both Commission staff and
representatives of Intel are free to meet with Commissioners to discuss the
proposed settlement.

According to the rules, the Commission can accept the proposed settlement,
reject it and return the matter to litigation, or take such other action as it
may deem appropriate. The rules also state that the proposed consent agreement
itself shall not be placed on the public record unless and until it is
accepted by the Commission.


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MEDIA CONTACT:
Victoria Streitfeld,
Office of Public Affairs
202-326-2180
(FTC Docket No. 9288) (intels)