regulation

Intel Settles Antitrust Lawsuit With New York Attorney General

“Intel’s three-year tussle with the state of New York finally came to an end yesterday, with a settlement of relatively harmless proportion. Under the arrangement, Intel will have to shell out a mere $6.5 million to resolve a 2009 antitrust lawsuit filed by then-attorney general Andrew Cuomo. Cuomo, who has since ascended to the seat of governor, had accused the chipmaker of intimidating PC manufacturers and handing out billion-dollar kickbacks, as part of what he called a ‘systematic worldwide campaign’ to assert its market dominance.”

– Intel Settles Antitrust Lawsuit With New York Attorney General

Wednesday
15
February 2012
Tagged , , , ,