The Federal Trade Commission has filed suit to block the $330 million merger of integrated computer circuit makers Integrated DeviceTechnology and PLX Technology alleging that the deal would give the combined company a near-monopoly and result in higher prices, reduced innovation and lower quality in the $100 million world-wide market for a type of integrated computer circuits called PCIe switches.
FTC Sues to Prevent Merger of Computer Circuit Makers
December 20, 2012
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