Wednesday, June 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
BlackBerry 10.3.2 and BlackBerry Blend 1.2 Coming to All BlackBerry 10 Devices
Instagram To Open Up Its Advertising Platform
G.SKILL at Computex 2015
LG Display Showcases 18-inch Rollable Display At SID
MSI Highlights First Gaming Notebooks With Eye-tracking Capabilities at COMPUTEX 2015
Vimeo Launches Subscription Service
E FUN Introduces Affordable Flexx 2-in-1 Windows Tablets
Atmel Showcases System Solution for Wearables at Computex 2015
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Computex: Intel Introduces 5th Gen Intel Core Broadwell-H Processors, Thunderbolt 3, IoT And Unite Tele-conference Platform
Intel to Acquire Altera For $16.7 Billion
New Intel Purley Xeon Processors Coming in 2017
Fujitsu and Intel To Collaborate On IoT Platform
Intel Advances Cloud Efforts with New Collaboration
Intel Xeon E7 v3 Processor Series Debuts
Intel Accelerates Data Centers With New SSD DC S3510 Series
Luxottica To Release Hi-tech Glasses Powered By Intel
Intel's Pocket-sized Computer Now Available
Intel Reports Lower PC Sales And Higher Data Center Revenues For Q1 2015
Intel's MICA Now Delivers Fashion Tips, Styling Tricks and Weekly Horoscopes
Intel Demos Realsense Camera, Atom x3 Processor And Braswell SoCs at IDF

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 .