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Intel Corp. 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.

The agreement, which follows a December 2011 court ruling that greatly reduced the scope of the New York Attorney General’s lawsuit, 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 only 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.

Tags: Intel, AMD, Business

Discussion

Comments currently: 7
Discussion started: 02/13/12 06:53:50 PM
Latest comment: 02/15/12 01:33:50 AM
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1. 
Lol...
"We have always said that Intel’s business practices are lawful, pro-competitive and beneficial to consumers"

That´s not the same as claiming it actually is. Probably a good idea not to claim so either, as anyone with a shred of braincells still alive knows that they´re most certainly not "pro-competitive and beneficial to consumers". Lawful, that´s questionable.
3 1 [Posted by: DIREWOLF75  | Date: 02/13/12 06:53:50 PM]
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The judge ruled that the state could not proceed, but that Intel was and is guilty if some aggrieved party wants to bring a similar complaint it would be heard. In addition Intel was fined. Innocient parties don't get fines.
2 1 [Posted by: tedstoy  | Date: 02/14/12 12:08:51 AM]
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2. 
So, receiving any bonuses this year??
1 0 [Posted by: evernessince  | Date: 02/13/12 07:58:44 PM]
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3. 
"We have always said that Intel’s business practices are lawful, pro-competitive and beneficial to consumers"

<sarcasm>yes, Intel is very pro-competitive, when the competition lags behind in terms of performance, it halts development to leave a chance for the competition to catch up (Net burst). when the competition develops something innovative it copies it to provide more competition in that field and focuses on it even if it is in the expense of not developing other things (APU). if the competition has a better product, it practices bribery and threatening (anti-competitive practices) so the competition wouldn't have a monopoly and be anti-competitive (Athlon FX and the HP million free Athlons thing)

intel really supports competition

go intel! </sarcasm>

I really think we need an open-source architecture to be the one we use
open standards help competition and innovation

EDIT: I forgot to mention Intel's biggest friend nVidia who was extremely pro-competitive
It donated 20M to the poor guys at crytek for the development of crysis 2 and guess what, it is the only game which prefers a GTX 550 over an HD 7970

really pro-competition at it's peak
2 0 [Posted by: madooo12  | Date: 02/14/12 12:10:28 AM]
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I wholeheartedly agree with this statement

I really think we need an open-source architecture to be the one we use
open standards help competition and innovation


ARM? obviously the architecture can't compute in all segments. But I would be willing to bet with win8 arm support it s popularity will continue to grow.
3 0 [Posted by: veli05  | Date: 02/14/12 05:57:40 AM]
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ARM isn't open, you can't view it unless you pay for it but at least it is better than x86 which cannot be viewed by anyone at all

the best one is SPARC, well it was before oracle acquired SUN, OpenSPARC was the only open 64-bit architecture but it seems it is discontinued so oracle would reap more money just like solaris

maybe we need a wholly new one which is quite good in the performance/extreme segment, 64-128 bits, open and relatively cheap to kick out x86

as you can see UNIX derivatives like Solaris, Linux, BSD... are extremely popular with the server guys and stuff because they are simply better than anything closed
0 0 [Posted by: madooo12  | Date: 02/14/12 06:30:30 AM]
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4. 
Its a sad state of affairs when an 'ethical' (NOT) company like intel can practically buy the judicial system to get off with cost which = about 30 seconds of production time
0 0 [Posted by: alpha0ne  | Date: 02/15/12 01:33:50 AM]
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