Friday, August 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
French Carrier Iliad To Bid For T-Mobile
Google's Ambitious Secret Barge Project Was Scarped
Chinese Smartphones Boost Sharp's 1Q Operating Profit
HP's Luxury Smartwatch Coming This Fall
Tessera and Micron Execute New Technology and Patent License Agreements
Sony Releases The AS20 Action Cam, New Cyber-shots
Microsoft Releases New Limited Edition Wireless Mobile Mouse 3500 With Master Chief from Halo
Researchers Discover New Smartphone Flaws
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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
New Intel Solid-State Drive Pro 2500 Series Packs SK Hynix Flash And Brings Trusted Security Features
New Intel Haswell CPUs Released
Intel to $60 Ship Galileo Gen2 Computer Next Month
Intel Reports Second-Quarter Revenue of $13.8 billion
Intel Chipsets To Support PCIe 3.0
Intel To Manufacture Future Panasonic SoCs Using Intel's 14nm Low-Power Process
Intel Details Next-Generation Xeon Phi Processor with Integrated Omni Scale Fabric
Intel Adds Laughter into Mobile Messaging
Intel Offers Customizable Chips For Data Centers
Intel Raises Revenue Expectations Thanks To XP Retirement
Intel Focuses On Energy Efficiency In Semiconductors At VLSI 2014
European Court Upholds Record Fine Imposed On Intel

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .