Intel Hits Fortress with Antitrust Suit Alleging Anticompetitive Patent Aggregation
- October 25, 2019
Category: Top Insight
Intel has filed suit (3:19-cv-06856) against Fortress Investment Group LLC, along with several entities that it says Fortress owns or controls, accusing the investment firm of stifling competition through the acquisition and “endless, meritless litigation” of “weak patents”. Fortress’s allegedly anticompetitive aggregation scheme imposes “a tax on the electronics industry that increases prices, decreases output, and ultimately harms consumers”, said Intel in its October 21 complaint.