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By | John Oates 20th July 2010 08:59

Intel escapes monopoly fine as competition probe ends

More volume pricing restrictions

Chip giant Intel looks set to escape an anti-trust fine from the Federal Trade Commission.

The two sides have reached an agreement to end the probe on similar terms to those Intel agreed with AMD.

The deal means Intel will have to follow some restrictions on volume pricing of graphics processors, not just of chips.

The deal is not finalized yet, but should be by Friday, Reuters reports.

Last month both sides filed a joint motion calling for suspension of the action while detailed talks continued.

Intel has already paid out over a billion euros to end competition probes in Europe and handed $1.25bn to AMD to end its legal action.

Intel refused to comment except to say that talks were ongoing. The FTC also declined to comment. ®

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