US top court won't hear FTC appeal in Rambus case

WASHINGTON, Feb 23 (Reuters) - The U.S. Supreme Court declined on Monday to hear the Federal Trade Commission's appeal in its suit against memory chip company Rambus Inc (RMBS.O) , whose stock has shot up and down on rulings from the various lawsuits in which it is involved.

In this case, the FTC, one of two agencies that enforces antitrust law, asked the high court to review an appeals court ruling that overturned agency findings that Rambus engaged in "deceptive conduct" by failing to tell a standard-setting group about patented technologies while advocating them as a new chip standard. (Reporting by James Vicini and Diane Bartz, editing by Gerald E. McCormick)