Wednesday, April 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Introduces Riff And Scrapbook
The White House Targets Cyber Attackers With New Sanctions Program
Uber Files Complaints Against Service Bans
Yahoo Autos Is Launching Today
GoDaddy Enters The Wall Street
Amazon Button for Instant Product Ordering
Sony To Sell Olympus Shares
Tech Industry Enjoys April Fools' Day
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > PC Parts > New Yor...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, February 09, 2012
New York Attorney General Terminates Antitrust Lawsuit Against Intel


Intel and the New York Attorney General have agreed to terminate the lawsuit alleging violation of U.S. and state antitrust laws that was filed by the New York Attorney General in November 2009.

In 2008, New York state Attorney General had issued a broad subpoena investigating whether Intel violated state and federal antitrust laws by coercing customers to exclude its main rival, AMD, from the worldwide market for x86 computer processing units (CPU). The subpoena seeked Intel's pricing practices and possible attempt to exclude competitors through its market domination.

The settlement ends a November 2009 Delaware case brought by New York's attorney, who had accused Intel of violating state and federal antitrust law through a "systematic worldwide campaign" to bully customers into buying its personal computer chips, at the expense of rival AMD.

Today's agreement follows a December 2011 court ruling that reduced the scope of the New York Attorney General's lawsuit.

According to Intel, the agreement "expressly states that Intel does not admit either any violation of law or that the allegations in the complaint are true, and it calls for no changes to the way Intel does business."

The agreement includes a payment of $6.5 million from Intel that is intended to cover some of the costs incurred by the New York Attorney General in the litigation.

"Following recent court rulings in Intel's favor that significantly and appropriately narrowed the scope of this case, we were able to reach an agreement with New York to bring to an end what remained of the case. We have always said that Intel's business practices are lawful, pro-competitive and beneficial to consumers, and we are pleased this matter has been resolved," said Doug Melamed, senior vice president and general counsel at Intel.

Intel has faced allegations of anticompetitive conduct, and is still appealing a 1.06 billion euro fine imposed in 2009 by European regulators.

In 2010, the Federal Trade Commission settled a case in which it accused Intel of unlawfully stifling competition in microprocessors.

In November 2009, Intel had also agreed to pay AMD $1.25 billion to settle all outstanding legal disputes with its smaller rival.


Previous
Next
Unboxing The PlayStation Vita        All News        Micron Releases New Low-Standby-Power DDR3Lm For Ultrathin and Tablet Markets
HP Releases New ProLiant Gen8 Servers, Thin Clients     PC Parts News      Micron Releases New Low-Standby-Power DDR3Lm For Ultrathin and Tablet Markets

Get RSS feed Easy Print E-Mail this Message

Related News
Intel Releases New Braswell SoCs
Intel in Talks to buy Altera: report
Intel Lowers First-quarter Revenue Forecast Amid Slow PC Demand
Intel Introduces New Xeon Processor D-1500 Product Family
Intel Outlines 2015 Gaming News at GDC
MWC: Intel Launches New Mobile SoCs, LTE Solution
Intel Introduces New Brand Levels for the Intel Atom Processor
Intel's 'Skylake' Chips Coming This Year
Intel Buys IoT Chip Maker Lantiq
Intel 5th Generation vPro Processors Released
Intel Releases New 20nm SSDs For Data Centers
Latest Intel Graphic Driver Adds Support For 4K, VP9 Video Playback

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .