Intel Corporation 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.
Latest News Posts
- Netflix increases its $8.99 per month plan to $9.99 per month
- 'Furious 8' finally lands a director
- NVIDIA rumored to discontinue the 2GB version of the GeForce GTX 960
- Amazon's WWII alternate reality series is chilling
- Halo 5 has gone gold, campaign clocks in at between 8-12 hours
- Got a Gaming 9 ACK X99S MSI MB to trade ..
- Bootloop Issue with GA-Z97N-WiFi even after RMA
- D-Link DCH-S160 mydlink Wi-Fi Smart Home Water Sensor Review
- ga-z170x-UD5 m.2 raid and intel rst drivers will not let me install windows to the raid
- X99 Extreme 4 and Thunderbolt
- EVGA Gives Away Free Cooler Shroud Replacement to its HYBRID Series Owners
- Shuttle Offers Value Priced XPC Nano Small Form Factor PC
- MSI Announces the DS502 7.1 Gaming Headset with Active Noise-Cancelation
- Netgear Introduces Quad-Mode Business-Class Wireless-AC Access Points
- Nokia announces planned leadership and organizational structure for combined Nokia and Alcatel-Lucent